Muthoot Microfin is lowering its lending rates for the third time this year, benefiting borrowers with a quarter-percentage point reduction. This move follows RBI's scrutiny of microfinance lenders charging high interest rates. Despite the reduction, Muthoot Microfin's net interest margin improved due to lower funding costs, reaching 12.94% in the first half of the year. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
