Borrowers in China are now faced with a clampdown as the banking watchdog sets oversight on how lenders should deal with the collateral pledged for loans.
Transitioning onto the nation’s electronic system can save treasurers in China from a massive paper hunt, but the banking industry needs to be ready first.
India’s central bank wants to stop long-term export advances being issued for struggling Indian firms to repay rupee loans. However, the guidelines appear riddled with holes.