Microfinance Lenders Seek Emergency Cash From Banks, Economic Times Says

Indian microfinance companies are seeking 10 billion rupees in emergency funds from banks after the Andhra Pradesh state government’s measures to regulate the industry led to a liquidity crunch, the Economic Times reported.

To contact the editor responsible for this story: Chitra Somayaji at csomayaji@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.