RBI has capped lending rates of NBFC-MFIs at 10% over their cost of funds or 2.75 times the average base rate of five large banks, whichever is less.
from Banking-Banking/Finance-Industry-The Economic Times https://ift.tt/2K0vN3K
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Friday, June 22, 2018
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MFIs lower rates with greater efficiency, lower cost of funds
MFIs lower rates with greater efficiency, lower cost of funds
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