Home Economy MFIN extends deadline for adhering to maximum three-lenders per borrower rule by three months
Economy - January 2, 2025

MFIN extends deadline for adhering to maximum three-lenders per borrower rule by three months

MFIN extends deadline for adhering to maximum three-lenders per borrower rule by three months

MFIN has extended the deadline for the three-lenders per borrower rule to the end of March 2025. The rule aims to reduce borrower indebtedness and improve asset quality. Other new guidelines, including a cap on outstanding loans and halting lending to delinquent customers, took effect from January 1.

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