RBI removes lending rate cap on NBFC-MFIs, changes microfinance definition – The Economic Times

NBFC: RBI removes lending rate cap on NBFC-MFIs, changes microfinance definition – The Economic Times
https://economictimes.indiatimes.com/industry/banking/finance/rbi-removes-lending-rate-cap-on-nbfc-mfis-changes-microfinance-definition/articleshow/90199644.cms
While this move is on an expected line, RBI surprised the market by raising the annual household income level to 3 lakh for classification of…

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