PN Vasudevan: See microfinance has been a business which has been happening globally for nearly about 40 years. There is a lot of history and there is lot of past precedence behind microfinance. It is not a kind of new business activity and in India, microfinance has been going on for may be about 15 years now.
For more on this story visit the following link: A contagion like 2010 is unlikely in Microfinance Companies now
Source: Economic Times