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Digital Lending Post COVID: How Micro-Credit Holds the Key for Small Merchants, Customers to Bounce Back

Credit and Finance for MSMEs: Digital lending platforms with the principles of financial inclusivity will emerge as the heroes of the financial crisis.

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Sri Lanka’s Economy Hit by Coronavirus: Decline in Earnings From Tourism, Remittances

The unprecedented crisis triggered by the coronavirus pandemic has severely dented Sri Lanka’s economy, causing a steep fall in the earnings from tourism, remittances and outflow of foreign investment, the nation’s central bank has said.

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India: Bill Payments Drive Digital Payment Volume Recovery in First Half of May

A number of people who were earlier used to paying their utility bills in cash may have shifted to the digital channels during the lockdown, they added.

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Bangladesh: Expatriates Opt for bKash to Send Remittance Safely Amid COVID-19 Crisis

In this worldwide 'lockdown' situation enforced for preventing COVID-19, expatriate Bangladeshis are relying on online-to-wallet money transfer service to send remittance to their loved ones back home.

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Unbanked Firms Stand to Miss Out

Often bypassed by banks, the informal sector is unlikely to get much benefit from the government's Tk 727.50 billion stimulus package, fear economists.

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COVID-19: Indian Oil Customers Can Now Use Paytm to Pay for LPG Cylinders and at Petrol Pumps

Paytm, India’s largest digital payments and financial services company has entered into a strategic partnership with Indian Oil Corporation Limited to enable digital transactions across its fueling stations as well as LPG cylinder delivery ecosystem.