Tag: Asmitha Microfin Ltd

Cost of Microcredit will decline soon | PSN Murthy, AGM, MUDRA

Mumbai, May 9: “The Past models of microfinance companies were all brick and mortar based on branches and self-help groups. The future could be disruptive with past success being no guarantee of future survival. Interest rate (for microcredit) is expected to fall to 15% in the next five years fro…