Microfinance sector in India must be saved:
In conversation with NDTV's Namrata Brar, Raghuram Rajan, a professor at University of Chicago and a former Chief Economist at the IMF, says the microfinance sector in India must be saved.
Microfinance needs to reach more of the poor in Asia and the Pacific, but do so in a financially sustainable way, says a new study from Independent Evaluation at the Asian Development Bank.