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3 results for "banking reform"
In a rare banking accountability win, India's central bank has ordered five major banks to compensate a 78-year-old fraud victim for failing to monitor suspicious accounts. The regulatory decision could reshape how banks protect customers from digital scams.
Ghana's Export-Import Bank just made it easier for small businesses to get loans by reducing collateral requirements. The move could unlock growth for thousands of enterprises struggling to access financing.
Major Kenyan banks are lowering lending rates after the central bank made its tenth consecutive rate cut, making loans more affordable for millions. The policy shift comes as inflation cools, opening the door for businesses and families to borrow at better terms.