INDIA: New Essay Addressing Key Microcredit Regulatory Constraints

A Working Paper from the Institute for Financial Management and Research in Chennai, India.

This essay, authored by Daniel Radcliffe and Rati Tripathi on behalf of the Institute for Financial Management and Research's Centre for Micro Finance, analyzes key regulatory constraints to the provision of microcredit in India and offers policy recommendations. Topics include:

• Interest Rate Regulation
• Encouraging accounting, disclosure, and behavior norms through regulation
• Encouraging MFI transparency through 3rd-party ratings
• Domestic equity investment regulation
• Foreign equity investment regulation
• Minimum capital requirements for NBFC registration