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Credit Market
21 Sept 2021
Microfinance issuer bonds – How to look at them for investment?
Microfinance institutions in India play a vital role in providing credit to people with low income-generating capacity. The basic features of microfinance loans are that they are of small amounts, with short tenures, extended without collateral and the frequency of loan repayments is greater than that for traditional commercial loans. These loans are primarily provided for income-generating activities. In addition, they are also provided for consumption, housing, and other purposes.
Subhasis Mishra
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