Reddy, Y.V (2005), 'Implications of global financial Imbalances for the Emerging Market Economies' Reserve Bank of India Bulletin, December 2005 Reddy, Y. V (2006), 'Global Imbalances – An Indian Perspective' speech delivered at the Financing for Development (FFD) Office, Department of Economic and Social Office (DESA), United Nations, New York on May 11, 2006, Reserve Bank of India Bulletin, June 2006.
They can seek recourse to this fund under adverse circumstances beyond their control. Sixth, the regulatory regime adopted by the SBP for Microfinance sector is that of a facilitator, guide and problem solver. We do not prescribe for MFIs the same onerous regulations which prevail for other financial institutions.