Microfinance overleveraged borrowers drop to 2% of total base
The number of microfinance borrowers with loans from four or more lenders has fallen to 1.35 million, or about 2% of the total borrower base of 66 million, at the end of…
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Muthoot Microfin delays $25M ECB, waits for RBI clarity
Muthoot Microfin is holding back a $25-million external commercial borrowing as it awaits the Reserve Bank of India's decision on lower swap rates and hedging cost concessions for non-public sector undertakings, CEO…
