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Microfin pitch for ‘responsible lending’

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TNN / Updated: Jul 9, 2024, 01:40 IST

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Microfin pitch for 'responsible lending'

MUMBAI: The self-regulatory organisation for

microfinance sector

,

MFIN

, is pitching for

‘responsible lending’

. Key measures include assessing

borrower

income and

repayment

obligations and capping loan repayment obligations at 50% of income.

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