Business

After RBI directive, major private banks raise risk weight of loans to MFIs – ​​News India Live | News India

Some of the country's leading private banks have increased the risk weightage on microfinance (MFI) loans in the last ten days, following directions from banking regulator Reserve Bank of India (RBI). Recently, RBI has established dialogue with five major private banks of the country. In which the regulator forced the …

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