It has been almost six months since the Reserve Bank of India (RBI) came out with a fresh law to regulate the microfinance industry. Two salient features of the new law are the changes to the underwriting process (evaluating a borrower's creditworthiness) and the interest rate charged for microfinance loans.
This story is from the October 2022 edition of Wealth Insight.
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This story is from the October 2022 edition of Wealth Insight.
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