Monday, May 5, 2014

Bandhan Financial Services lowers lending rate by 50 bps

......The move may prompt Bandhan's rivals to review their interest rates. "Bandhan may have taken this decision from a forward-looking standpoint as it is now transforming itself into a bank and reconfiguring many aspects of its operations," said Alok Prasad, chief executive officer at Micro Finance Institutions Network (MFIN), 

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