The recent microfinance imbroglio -- lessons for regulatory architecture

Rajesh Chakrabarti

Macroeconomics and Finance in Emerging Market Economies, 2011, vol. 4, issue 2, 337-342

Abstract: The microfinance crisis in Andhra Pradesh signals a deeper malaise in the regulatory architecture of the Indian financial system -- unclear demarcation of regulatory jurisdictions. Unless remedied, the symptoms of this problem are likely to arise again and elsewhere in the system.

Date: 2011
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DOI: 10.1080/17520843.2011.593902

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