New banking laws required for microfinance to take root, says Nobel laureate Muhammad Yunus

"Today, there is only one law for banking called banking law which defines what a bank should be. The banking law means that you have to have collateral and other requirements," Yunus said at the 13th Sanklap Global Summit 2021.

from Banking/Finance-Industry-Economic Times https://ift.tt/3lxEfbH