Changing regulatory landscape
Wealth Insight|October 2022
RBI's new rules for microfinance lenders seem to be a mixed bag
Arul Selvan
Changing regulatory landscape

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.

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Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.