Tag: MUDRA Bank
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MUDRA Bank – How will it help?
First things first, a regulator cum re-financier (market player) is bad design. Period. It leads to moral hazard where the regulator will shape policy to grow only its business. Yes, refinance is business. But I hear that MUDRA Bank is expected to be a regulator and financier of microfinance institutions and micro-enterprises. Why? The only other entity […]