Tag Archives: interest rate

SKS Microfinance Turns Heat on Rivals, Raises Ticket Size to 50K, Interest Rate Down at 19.75%

SKS Microfinance has announced cuts in its interest rates for the fourth time in a year bringing the interest rates on its micro-credit to 19.75%, the lowest in the industry, despite the fact that it was denied the Small Finance Bank status from the RBi. Interest rate of 19.75% is the lowest rate charged by any private sector MFI in ...

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