RBI rejects Bajaj Fin's plan for Philippines operations over FATF concerns

Philippines has been increasingly coming under the lens of the Financial Action Task Force, and has already been designated as an FATF grey list country

Manojit Saha Business Standard Mumbai
Bajaj Finserv

The Reserve Bank of India (RBI) has turned down an application from Bajaj Finserv to enter the Philippines market for lending activities. This is because the Philippines has been increasingly coming u

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First Published: Mar 15 2023 | 7:02 PM IST

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