Journey of Indian micro-finance lessons for the future

Arunachalam, Ramesh S.

Journey of Indian micro-finance lessons for the future - Chennai Aapti Publishers 2011 - 612p.

CONTENTS PART1: INTRODUCTION AND CONTEXT 1 Introduction 2 A Tale of Two Women PART 2: ANTECEDENTS TO THE 2010 CRISIS 3 The Precursors to the Present Indian Micro-Finance Crisis - The NABARD High Level Policy Conference and the Krishna Crisis 4 The MF1 Resurgence, Thanks To Equity Investors 5 The Return of the Banker (s) 6 The General MFls Growth Story 7 Intervening Events from March 2009 to March 2010 8 The Run to The 1st Indian Micro-Finance 1PO 9 The Runaway Success of the SKS 1PO 10 Andhra Pradesh Crisis and Micro-Finance as India's Sub-Prime 11 On Presenting Bad News to The Indian Micro-Finance Industry 12 Who Were The So Called 'Rogue MFls' in Andhra Pradesh Who Caused the Crisis? 13 Responses By The State Government, Reserve Bank of India and Micro-Finance Associations to the Andhra Pradesh Crisis 14 Contagion: A Serious Consequence of the Andhra Pradesh Crisis 15 The Malegam Committee Report 16 Credit Bureau 17 Implications of the Andhra Pradesh Crisis for Indian Micro-Finance PART 3: CRITICAL ISSUES a LESSONS FOR INDIAN MICRO-FINANCE 18 Corporate Governance in Indian MFls: Critical Issues and Lessons from the Indian Experience 19 The Governance of Risk Management and Compensation at MFls: Critical Issues and Lessons 20 Management Information System: Critical Issues and Lessons 21 Internal Controls: Critical Issues and Lessons 22 Internal Controls and Internal Audits: Suggestions for MFls and Regulators 23 The Broker Agent in Indian Micro-Finance: A Frankenstein's Monster Created by MFls? 24 Loan Officers and Their Case Loads: Something Puzzling 25 Multiple Lending: Critical Issues and Lessons 26 Zero PAR, Legal Notices and Insolvency Petitions: Delinquency Management from the Field 27 Understanding the Client Acquisition Process in MFls: Critical Issues for the RB1 28 Effective Interest Rates: Critical Issues and Lessons PART IV: REGULATION Et SUPERVISION OF MICRO-FINANCE 29 Regulation and Supervision of Micro-Finance: Critical Issues and Lessons From Crisis Situations 30 Supervision of NBFC MFls: Critical Issues and Lessons 31 Micro-Finance Assets and Priority Sector Lending: Critical Issues and Lessons for Supervision 32 Business Correspondents for Financial Inclusion: Critical Issues and Lessons 33 Self-Regulation in Indian Micro-Finance: Critical Issues and Lessons for Stakeholders 34 Consumer Protection Regulation in Micro-Finance: Critical Issues and Lessons 35 Regulation and Supervision of Micro-Finance: A Suggested Framework PARTV: CONCLUSION 36 The Financial Inclusion Paradigm: Critical Issues and Lessons 37 Re-Engineering The Financial Inclusion Paradigm To Facilitate Inclusive Growth PART VI: TECHNICAL APPENDIX Technical Appendix 1 to 31

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