Puchniak and Tarcila Reis for comments on a previous version of this Article, and Shruti Iyer for research assistance. I also thank Mukul Asher, Savita Shankar, M.S. Sriram and participants at the 8 th Asian Law Institute (ASLI) conference held at Fukuoka, Japan in May 2011 and the Institute for Global Law and Policy Workshop held at the Harvard Law School, United States in June 2011 for their valuable insights. My appreciation is also owed to several practitioners of microfinance in India who were generous with their time and ideas, but who cannot be named individually due to the understanding of anonymity. Needless to say, the views in this Article as well as any errors or omissions remain mine alone. BBLJ 9.2 ART 2 VAROTTILVAROTTIL 8/21/2013 10:02 AM Microfinance and the Corporate Governance Conundrum case studies and field interviews, it seeks to develop separate parameters for measuring corporate governance and performance of microfinance companies, so that the overarching goals of reducing poverty are not diluted.

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