MFIN Lenders & Investors Meet – 19th September,2017 – Mumbai
MFIN, in collaboration with Venture Intelligence hosted the Lenders and Investors Meet in Mumbai which was scheduled on the 19th Septmeber,2017 in Mumbai. The objective of organizing the event was to provide a platform for interaction between Members, Lenders and Investors.
This year the forum witnessed the launch of the Mutually Accepted Code of Conduct (MACC) in line with the discussions MFIN facilitated between various stakeholders lending to the Sector. The stakeholders included NBFC MFIs, SFBs and banks, all of whom are lending to the microfinance segment. MACC was introduced as a voluntary platform where various players all agreed to provide credit to women from low income households in a uniform way while also agreeing to work within the mutually agreed framework that all stakeholders would be signing up to.
MACC was formally released by the Deputy Governor of RBI – Mr. N.S Vishwanathan.
The event addressed a core sectoral issue as part of the panel discussion titled “Will the sector look differently at contingency planning going ahead considering that a crisis of some sort seems to be emerging every 5 years? The event saw participation from industry leaders, member organizations, bankers, institutional lenders and equity investors.