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SKS Microfinance Limited slashes interest rate by 1.25%

NewZNew (Chandigarh) : SKS Microfinance Limited today announced a 1.25% reduction in the interest rate charged to borrowers from 22% to 20.75% with effect from October 1, 2015, for all future disbursals. With the third interest rate cut and an overall reduction of 3.8% since October 2014,...