loans microfinance

Muthoot Microfin Reduces Interest Rates On Two Types Of Loans

Muthoot Microfin, a key player in India’s microfinance sector, has announced a reduction in interest rates on two types of loans aimed at supporting borrowers. The Kerala-based lender has lowered interest rates for microfinance loans for income-generating activities by 25 basis points, bringing the minimum rate to 23.05%. Additionally, rates...