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Bank agents can t harass for loan recovery, use bad language or threats: RBI Governor Shaktikanta Das

RBI Governor today, said in a press conference, that use of harsh methods including calling the customer from time to time is absolutely unacceptable.

Cost of digital loans to rise on fresh 20pc tax

Borrowers of digital loans will pay more for credit if last-minute changes proposed to the Finance Bill to impose a 20 percent excise tax are approved.

CBK gives digital credit providers six months to apply for licences

SLT-MOBITEL s mCash partners with Union Bank to offer enhanced banking convenience – The Island

Strengthening its commitment towards enhanced customer reach and digital transformation, Union Bank recently entered into an agreement with National ICT Solutions Provider SLT-MOBITEL to bring greater banking convenience to its customers through Agent Banking services via SLT-MOBITEL mCash- the innovative mobile money platform/wallet conceptualized by SLT-MOBITEL and approved by the Central Bank of Sri Lanka. […]

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