Renewed Calls to Move Away From Outdated Lending Practices - Caribbean Broadcasting Corporation

Renewed calls to move away from outdated lending practices - Caribbean Broadcasting Corporation

There are fresh calls for Barbados’ financial institutions to break away from outdated lending practices that no longer meet the needs of today’s businesses. Minister of Business and Energy, Senator Lisa Cummins, says the traditional system, built around collateral and not capacity, is not doing justice to modern businesses, especially for micro, small, and medium enterprises. Speaking at the Innovation and Growth Market IGM200 Conference at the…

India - FIG Paper (No. 52): RBI Directions On Lending Against Gold And Silver Collateral: A Harmonised Regulatory Framework.

Summary: The Reserve Bank of India (Lending Against Gold and Silver Collateral) Directions, 2025, notified on June 6, 2025, establishes a unified regulatory framework for lending against gold and silver collateral by all regulated entities and prescribes a deadline of April 1, 2026, for implementation. These directions provide a single principle-based regulation, addressing systemic issues in the gold loan sector whilst introducing enhanced cust…