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Missing Middle: Microfinance Industry Hopes Small Finance Banks Will Fill Gap

Microfinance industry experts who addressed the annual Inclusive Finance Summit 2015 in New Delhi on Wednesday have expressed optimism that the new Small Finance Banks will fill the "missing middle" in reaching the unbanked and bottom of the pyramid. Eight out of 10 Small Finance Banks which have been given in-principle nod by RBI are microfinance institution (MFIs). While some ...

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