Swadhaar facing margin squeeze as it enters ‘billion rupee’ loan club, scripting expansion

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Mumbai-based urban microfinance institution Swadhaar FinServe is set to enter the Rs 100 crore (Rs 1 billion) loan-book club by the end of this fiscal, which would require it to cap the margins on loans. The microlender is striking a critical deal which would help cut operational costs and is ......