A Case of Micro Usury?

Stricter regulator norms needed for MFIs run as for-profit enterprises

The controversy at SKS Microfinance and the unceremonious sacking of its CEO is probably the best thing to have happened to the microfinance industry. SKS' high profile, its ferocious growth (200% last year), and the support of names like Vinod Khosla and NR Narayana Murthy, have invariably silenced critics of its high-cost,...

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