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Microfinance companies under lens as suicides soar

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  • Published On: October 15, 2010
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Amid a spate of suicides by borrowers in Andhra Pradesh, micro finance companies has came under lens with the state promulgating an ordinance to check their activities and RBI announcing setting up of a panel to study their functioning. About 30 persons have committed suicides in the past 45 days.
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