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RBI asks fintechs to improve cross-border payment systems
RBI deputy governor T Rabi Sankar has called on fintech self-regulatory bodies to eliminate inefficiencies in cross-border payments and promote fair pricing. At the Global […]
Microfin business shrinks 4% in a quarter as defaults double in a year
- staff
- January 9, 2025
- 0
In Q2 FY25, the microfinance industry contracted, with delinquency rates increasing to 4.3%, driven by defaults in loans overdue by 30 to 180 days. The […]