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RBI expands loan limits for microfinance units

Microfinance companies can now lend more as the Reserve Bank of India (RBI) has extended the borrower level limit to Rs 1 lakh versus Rs 50,000 earlier. Microfinance stocks like SKS Microfinance and SE Investments surge in trade. Ekta Batra of CNBC-TV18 gives more details.

April 07, 2015 / 14:18 IST
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Microfinance companies can now lend more as the Reserve Bank of India (RBI) has extended the borrower level limit to Rs 1 lakh versus Rs 50,000 earlier. Microfinance stocks like SKS Microfinance and SE Investments surge in trade. Ekta Batra of CNBC-TV18 gives more details.

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TAGS: #CNBC-TV18 Comments #Ekta Batra #microfinance companies #RBI #SE Investments #SKS Microfinance
first published: Apr 7, 2015 01:57 pm

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