English | Dzongkha Monday, May 29, 2017

A regulation for Deposit Taking Microfinance Institution to come into effect

Passang, Thimphu
Jan 3, 2017

A new Rules and Regulation for Deposit Taking Microfinance Institution will come into effect from today.

This financial legislation is expected to protect illiterate loan consumers from abusive lending practices.

It‘s other mandate is to prevent unregistered micro-financial institutions from entering the market.

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