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Nagaraju urges MFIs to keep interest rates reasonable
Financial Express Bengaluru
|November 14, 2025
FINANCIAL SERVICES SECRETARY M Nagaraju on Thursday called on microfinance institutions (MFIs) to maintain interest rates at reasonable levels to promote financial inclusion.
Speaking at an event organised by Sa-Dhan, the RBI-appointed self-regulatory organisation for MFIs, Nagaraju said: “I have come across some very uncomfortable interest rates charged by some MFIs. It is actually because of inefficiencies in an MFI.”
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