News
India: Regulators Come Together to Make Applying for Loans Less Cumbersome for Users
Four major financial regulators have come together to set up a non-profit organization that will make it easier for users to apply for loans by helping share their data with different agencies.
Sahmati - announced by the Reserve Bank of India (RBI), the Securities and Exchanges Board of India (SEBI), the Insurance Regulatory and Development Authority of India (IRDAI) and the Provident Fund Regulatory and Development Authority (PFRDA) - will allow regulated entities under the four regulators to share data with a user’s consent.
Latest from Our Blog
View all blog posts
Is There a “Steel Bullet” for Helping Businesses Grow?
Financial diaries which provide microentrepreneurs with tailored business reports are helping them to grow their businesses, showing the power of access to data.
Working to Promote Food Security in Burkina Faso
Claire Lossiané of YIKRI, winner of the 2023 European Microfinance Award, reflects on the MFI’s programs to combat malnutrition.
India’s Digital Divide Threatens the Progress of Financial Inclusion
There are three key challenges that need to be addressed to fulfill the promise of India's much-lauded digital public infrastructure, as mobile phones and internet access remain inaccessible for a significant segment of the population.