Microfinance Institutions Network (MFIN), a small-denomination lender, on Monday announced a slew of changes to enable more responsible lending to underprivileged sections of society, following repeated clampdowns by the Reserve Bank of India (RBI) on the industry’s practices. MFIN said in a statement that from January 1, members of the self-regulatory organisation will ensure that … Continue reading Big news for loan borrowers, rules changed after RBI’s strictness, will be implemented from January 1