All News and Announcements
Showing 1 - 5 of 5
India: RBI Cautions Micro Lenders, NBFCs Against High, ’Usurious’ Interest Rates
The Reserve Bank of India (RBI) on Friday said it has come across instances of micro lenders and non-bank financiers charging high, 'usurious' interest rates on small-value loans, reminding them to judiciously use their pricing power.
India and Ghana Accelerate Unified Payment Interface Integration for Seamless Cross-Border Payments
By streamlining cross-border payments and reducing reliance on third-party currencies, initiatives like these promote financial inclusion and stability.
State Bank of Pakistan Policy to Enhance Financial Inclusion of Persons With Disabilities
The new policy aims at financial independence for people with disabilities by improving their access to banking services as well as providing opportunities to contribute as bank employees.