Recently there are news that microfinance companies which are lending money to self help groups
in the operational areas of banks without permission and at weekly instalments .
There are local reports that the companies are taking violent steps and even physically assulting and attaching the personal properties of rural groups .
I beleive that this is the time that government of India , local state government and Reserve bank of india should get up and iniate steps for a regulatory mechanism before it is too late .
Incident of violence and harrasement be brought to the notice of local distrct admnistration and to the notice of RBi Pl