RBI issues new guidelines on granting microfinance loans

Alma Ackerman March 23, 2022 Bankroll Comments Off on RBI issues new guidelines on granting microfinance loans 38 Views

The RBI is lifting the cap on interest rates on microfinance loans, but says it will continue to check that lenders are not charging “usurious” rates.

Access today

Sign up for a 2 week free trial and get instant, unrestricted, unrestricted access to Regulation Asia.

FREE TRY

Already taken your free trial? Contact our team and inquire about a subscription today. To select subscribe below to see our subscription packages or you can email us at [email protected] to discuss your options.

Subscribe

Related posts:

  1. Lightspeed POS Inc. (NYSE: LSPD) Receives Average ‘Buy’ Recommendation from Analysts
  2. Instant loan apps that save Nigerians in need of quick cash
  3. Corporate Customers Use Citi’s Digital Platforms to Make One Billion API Calls
  4. Paytm Partners with Suryoday Small Finance Bank to Deliver Instant Digital Loans to MSMEs

About Alma Ackerman

Check Also

Banco Santander (Brasil) SA (NYSE:BSBR) Receives Consensus Rating of “Hold” by Brokerages

Banco Santander (Brazil) SA (NYSE: BSBR – Get a rating) received an average rating of …