This story is from July 09, 2024
Microfin pitch for 'responsible lending'
MUMBAI: The self-regulatory organisation for microfinance sector, MFIN, is pitching for 'responsible lending'. Key measures include assessing borrower income and repayment obligations and capping loan repayment obligations at 50% of income.
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Stay informed with the latest Business News on Times of India. Explore updates on International Business, gain insights with Financial Literacy tips, and make use of Financial Calculators. Don’t forget to check the list of Bank Holidays in 2025, including Bank Holidays in January.
Ready to Master Stock Valuation? ET’s Workshop is just around the corner!
Top Comment
M
Mani
177 days ago
NO NBFC / BANK WITH MFI BACKGROUND CHECKING HIMARK / FOLLOW CRIF & RBI RULES ... HUGE TICKET SIZE... 1.5 lac per women we don't know how will end. RBI'S MORATORIUM KILLED MFI NOW NBFCS ANF SMALL BANK'S TRUNRead allPost comment
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