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After 20 suicides, Andhra Pradesh to monitor Micro Finance

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  • Published On: October 15, 2010
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After a spate of suicide deaths reportedly triggered due to pressure of repayment from Micro Finance Institutions, the Andhra Pradesh government has brought in an ordinance to bring in more regulation and transparency in transactions. The RBI is also setting up a sub-committee to look into the functioning of the institutions.
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