Guardrails for MFIs need to continue

Sa-Dhan, one of the self-regulatory organisations for the microfinance industry, on Friday suggested continuation of the lending guardrails adopted by lenders to customers at the bottom of the pyramid, even as the industry has shown signs of improvement.The issue was discussed at a microfinance conclave organised by Sa-Dhan in Mumbai.Microfinance guardrails in India, enforced by self-regulatory organisations such as the Microfinance Industry Network and Sa-Dhan, were implemented to ensure respon...