The common “Code for Responsible Lending” (CRL) for microfinance has a few big names missing

Bandhan Bank Managing Director Chandra Shekhar Ghosh said that the code in its current form is restrictive for the bank’s business growth. He said the code should have spelt out what should be the ideal business conduct instead of limiting the quantum of loan given by banks.

from Banking/Finance-Industry-Economic Times https://ift.tt/2OsvNu6