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IFMR CAPITAL THE NBFCMFIS
Marquee investors exit from Indian microfinance companiesAccording to IFMR Capital, the NBFCMFIs have raised equities worth Rs 2,300 crore in the past few months.- Microfinance industry is out of an unprecedent crisis, thanks to regulations, diligent borrowersAsset under management (outstanding loans or gross loan portfolio) fell Rs 3,000 crore to close at Rs 20,500 crore in 2011-12.
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