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Representational Image (Photo: Pixabay)
Editorial

Regulating private banks

IFP Bureau21 Apr 2023

IFP Editorial: In the loan section, people opt for private banks as they provide easy loans though interest rates are high. The main reason for private banks booming in Manipur leaving nationalised banks behind, is because of easy accessibility, high interest rate, not having to disclose the source of funds but investing in a microfinance company is just like gambling.

Representational Image (Photo: Pixabay)
Editorial

Cut the red tape

IFP Bureau4 Jan 2023

IFP Editorial: The Manipur government is still non-committal about the plight of investors of the unregulated private banks or financial institutions who were left high and dry.

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