PK Saha of SIDBI Foundation for Micro Credit, a microfinance company, said microfinance institutions were facing a “double crisis” – liquidity crisis and cost of compliance. On the one hand high cost of operation and lack of money flow had caused liquidity crisis for microfinance firms, RBI’s new guidelines, like verifying credit worthiness of customers, had added to the cost. These were the challenges that the microfinance companies were facing and needed to be addressed to ensure that this element of inclusion was sustainable.