SECP allows deferment of repayment of principal and rescheduling of loans
The SECP has allowed deferment of repayment of principal and rescheduling of loans, based on borrowers’ requests o facilitate borrowers of non-bank lending companies (NBFCs). To further facilitate small borrowers and micro-enterprise, the regulators has advised the non-bank microfinance companies (NBMFCs) to accept such requests made through SMS, emails and phone calls. The SECP has … Read more
