JAKARTA, Nov 10 (Reuters) – Indonesia will in stages lower the maximum interest rates charged by financial technology (fintech) firms in the microfinance sector, amid complaints that overly high rates have been hurting borrowers, the country’s financial regulator said on Friday. Starting next year, fintech firms can only charge a maximum of 0.3% interest per day for a loan intended for consumption which will fall to 0.1% in 2026, the country’s Financial Services Authority (OJK) said. Currently the maximum is 0.4% interest per day. “Because if we don’t regulate the interest rates properly, then the ones who suffer most are the consumers,” Agusman, the OJK commissioner overseeing financing f
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