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|Launching of MRA e-Regulatory System on Pilot Basis|
The newly developed e-Regulatory System of MRA has been launched online from April 2012 on pilot basis with selected MFIs. The objective of the system is to facilitate the licensed MFIs to submit periodic required data online as part of compliance to regulatory reporting requirements. Successful implementation of the system would greatly reduce the reporting time by the MFIs and provide MRA with up-to-date information about the sector.