SBP revises prudential regulations for microfinance banks
KARACHI: The State Bank of Pakistan (SBP) has issued revised prudential regulations for microfinance banks to streamline the requirement of obtaining credit information report (CIR) and simplifying the documentary requirements from the microfinance borrowers, a statement said. Earlier, the Credit Bureau Act (CBA) 2015 was promulgated to provide a basis for incorporation and functioning of … Read more