MFI body Sa-Dhan writes to FM seeking Rs 7,500 crores towards Credit Guarantee Scheme

“We would like to take this opportunity to request you to approve an additional amount of Rs 7500 crores for the Credit Guarantee Scheme for the MFIs,” the letter states. “The additional amounts will support the funds flow for MFIs with lower grading, which are smaller and cater to poorer sections and remoter areas.”

from Banking/Finance-Industry-Economic Times https://ift.tt/3uFg26g