PM Modi praises Indian banking sector for supporting good governance, improved service delivery

Emphasizing India's strides towards financial inclusion and digital economy, Prime Minister Narendra Modi on Sunday said the banking sector has become a vehicle for good governance and better service delivery in the country. With an aim to promote financial inclusion, Prime Minister Narendra Modi on Sunday dedicated 75 Digital Banking Units (DBUs) to the nation. … Continue reading PM Modi praises Indian banking sector for supporting good governance, improved service delivery

Nigerian govt shuts down illegal online banks, freezes business accounts

The Federal Competition Consumer Protection Commission (FCCPC) in conjunction with the Independent Corruptb Practices Commision(ICPC) and the National Information Technology Development Agency(NITAD) have raided some loan application platforms over consumer rights abuse. Some of the raided companies included; GoCash, Okash, EasyCredit, Kashkash, Speedy Choice and Easy Moni. Leading the raid on some loan application firms … Continue reading Nigerian govt shuts down illegal online banks, freezes business accounts