RBI allows Sidbi to use an existing Rs 1000-crore corpus for lending to MFIs

Sidbi is providing fund to Cashfor at 8% rate while it on lends at 16.98%. SKDRDP is getting fund at 5% and on lending to micro borrowers at 15.4%.

from Banking/Finance-Industry-Economic Times http://bit.ly/2SnqN9r