Regulating Microfinance through Codes of Conduct: A Critical Review of the Indian Experience
Published By: Gujarat Institute of Development Research | Published Date: March, 01 , 2014The paper critically reviews the course of events that led to the development of codes of conduct for the microfinance industry in the country and examines their effectiveness in motivating microfinance institutions to adhere to socially responsible and pro-poor business practices. The analysis suggests that regulation through industry codes has come to complement direct government legislation and enforcement rather than pre-empting it in the case of India.
Author(s): Tara S Nair, Milind Sathye, Muni Perumal, Craig Applegate, Suneeta Sathye | Posted on: Jan 25, 2016 | Views() | Download (162)