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    HomeNewsOpinionRBI's proactive action on MFIs shows some firms failed to learn from the 2010 crisis

    RBI's proactive action on MFIs shows some firms failed to learn from the 2010 crisis

    The RBI had given sufficient time to MFIs charging excessively high rates to revise their interest rates downwards. Some got the message; some didn’t.

    Dinesh Unnikrishnan
    October 21, 2024 / 07:39 IST
    RBI has clamped down on some MFIs for charging too high rates and engaging in evergreening of loans
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