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Asmitha has reduced interest rate charged in the State of Orissa to an effective rate of 23%. Company has also reduced interest rates in the States of Andhra Pradesh, Maharashtra, Tamilnadu & West Bengal.
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Response to WSJ Article
Crossed the milestone of serving over one million members with loan portfolio of Rs.1418 crore, recording a growth of over 100% in the last fiscal year.
Asmitha Microfin Limited closed Rs.50 Crore Equity Investment Deal with BlueOrchard Private Equity Fund
CRISIL has reaffirmed
‘mfR2’
grading for Asmitha and upgraded long term bank loan faciity rating to "BBB/Stable" in Dec-2009
Ranked 29th best among top 50 MFIs in the World by Forbes magazine
Copyrights 2004 asmitha microfin limited
Email:aml@asmithamicrofin.com