A Microfinance company can be easily established by registering it as a section 8 company under the framework which is promulgated as the Companies Act, 2013.
source https://www.caclubindia.com/articles/incorporation-of-section-8-micro-finance-company-46057.asp
source https://www.caclubindia.com/articles/incorporation-of-section-8-micro-finance-company-46057.asp
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