Daily Archives: November 2, 2010

MICROCAPITAL BRIEF: CEO of Indian Microfinance Institution BASIX Denies Charging Interest Rates of More than 24%

Sajeev Viswanathan, CEO of Indian group BASIX, which provides microfinance services through its microfinance institution (MFI) Bhartiya Samruddhi Finance Limited (BSFL), was recently interviewed by CNBC India, at which time he denied that BSFL charges interest rates as high as … Continue reading

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