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SECP proposes raising microfinance, housing loan limits to Rs5mn
The Securities and Exchange Commission of Pakistan (SECP) has proposed raising the maximum limit for microfinance and housing loans to Rs5 million as part of amendments aimed at expanding access to finance. The proposed amendments have been issued for consultation with stakeholders, the SECP said on Tuesday. The regulator has also proposed increasing the annual income threshold for borrowers eligible for microfinance loans to Rs1.5 million from Rs1.2 million. For small businesses, the SECP has proposed raising the maximum annual turnover threshold to Rs400 million from Rs150 million, while the...
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