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Friday, December 7, 2012 - 16:42 IST
Swadhaar facing margin squeeze as it enters ‘billion rupee’ loan club, scripting expansion
BY Bruhadeeswaran R
The MFI is piloting a project with Airtel Money to introduce alternative payment options for borrowers and also to snip its operational costs.
Mumbai-based urban microfinance institution Swadhaar FinServe is set to enter the Rs 100 crore (Rs 1 billion) loan-book club by the end of this fiscal, which would require it to cap the margins on loans. The microlender is...
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