By T S Sudhir
The Andhra Pradesh High court on Friday granted interim relief to Microfinance institutions saying pending registration, they could carry on business. But instead of gloating, MFIs, under pressure after 45 reported deaths due to harassment by MFI representatives, promised to atone by restructuring loans wherever necessary.
(video of the story aired on NDTV)
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MFIs are indeed arm-twisting and leading to deaths
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