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Microfinance self-regulator expects stress to stabilize by January | Stock Market News
Source: Live Mint Mumbai: Microfinance Institutions Network (MFIN), the self-regulatory organization for the sector, expects the current bad loan stress that microlenders face to stabilize by January next year with new rules in place. On Monday, the MFIN tightened the guidelines around microlending, after it first came out with the norms in July. The sector’s…