The sector's SRO had in November introduced the new cap along with a few other guidelines around micro lending. It had made key changes, including reducing the number of lenders to a borrower to three from four earlier, and capping the maximum indebtedness of a borrower at ₹2 lakh.
MFIN had in November introduced the new cap, along with other guidelines. MFIN will implement the rule around capping the number of lenders, while other rules came into effect as scheduled from Wednesday.
Diese Geschichte stammt aus der January 02, 2025-Ausgabe von Mint Mumbai.
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Diese Geschichte stammt aus der January 02, 2025-Ausgabe von Mint Mumbai.
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