Category : Appointments
Former deputy governor of RBI, HR Khan has been appointed as the first chairman of the steering committee of the Code for Responsible Lending (CRL) in micro-credit. The CRL is a self-regulatory step for the micro-credit industry making diverse entities like banks, NBFC-MFIs and NBFCs adhere to standards of customer protection. CRL was launched in September by MFIN and Sa-Dhan, an RBI-recognised association of MFIs, along with the Finance Industry Development Council, an association of NBFCs. |
Source- Money Control |
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