References Annual Report of the RBI for the Year 2018–19 and 2017–18 The Bharat Microfinance Report 2019, published by Sa-Dhan www.business-standard.com/article/pti-stories/mfin-sa-dhan-release-code-for-responsiblelending-for-micro-credit-industry-119091600745_1.html, September 16, 2019, accessed online on November 23, 2019 Opportunities and Challenges of FinTech (Shri.
The Bank of Ghana took another major step to enhance transparency in the setting of lending rates in the industry. The new base rate model which seeks to ensure transparency and uniformity in loan pricing within the banking industry, became operational in July 2013.