Financial Lifeline or Profit Trap? RBI Questions MFI Interest Rates

Unknown Apr 02, 2026 800 Views

The Reserve Bank of India (RBI) has raised concerns over microfinance institutions (MFIs) charging significantly higher margins despite access to low-cost funds. RBI Deputy Governor M. Rajeshwar Rao criticized certain lenders for disproportionately increasing their interest rates, warning that su...