Credit line

Sa-Dhan, one of Microlenders’ largest industrial corporations, has written to the Reserve Bank of India (RBI) seeking an emergency credit line to address the challenges posed by the second wave of COVID-19. Microfinance Institutions (MFIs) are companies that lend money to small lenders by 22-24 percent and mainly get money from banks to do business. …

MFIs want emergency credit line, partial credit guarantee scheme from RBI to fight second wave of COVID-19 Read More »