Microfinance industry revises code of conduct2 min read . Updated: 10 Dec 2015, 12:48 AM IST
The revised code will lay down what the customers should expect and not expect from the lender
New Delhi: Robust standards of corporate governance, measures to reduce over-indebtedness among clients, mandatory use of Aadhaar within two years and strengthening grievance redressal management are some of the elements in the revised code of conduct for microfinance institutions.
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