To determine the rate of interest:

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(1)23 The institution shall itself determine the interest to be charged and given by it on the micro  saving and micro-credit, subject to the policies and directions of the Rastra Bank.
(2) Notwithstanding anything contained in Sub-section (1), if the Bank so considers necessary, it may give direction to the institution to alter the rate of interest determined by the institution, and it shall be the duty of the concerned institution to abide by such
direction.

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