Deregulation to push down lending rates for lowest bracket, microfinance may get the freedom to bloom

Differentiated lending rates and new product development is likely to drive India’s microfinance market going forward with the Reserve Bank of India planning to create an open architecture for all lenders and deregulating the loan pricing.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/higher-interest-rates-for-risky-borrowers-microfinance-to-see-paradigm-shift/articleshow/83564772.cms