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HomeNewsBusinessMarketsMFIN defers capping lenders to each borrower by three months, other covenants come into effect

MFIN defers capping lenders to each borrower by three months, other covenants come into effect

MFIN had in November introduced the measure to reduce number of lenders to a borrower to three, from previously four. MFIN also recommended to cap the indebtedness of a MFI borrower to Rs 2 lakh.

January 02, 2025 / 11:37 IST
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MFIN has deferred to April 1 its plan of implementing a cap on lenders to each borrower.
Moneycontrol News
first published: Jan 2, 2025 11:29 am

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