MFI to grow 25% outside Andhra, says regulator

.....“In Andhra Pradesh, the logjam still continues. Due to the crisis, the employee base has been reduced by one-third from 60,000 to 37,000. Besides, the branch network of the companies also fell by 35%,” said Prasad. MFIN has approached RBI for restoring a cap of 12% on margins for large MFIs...........

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