Human Centric Interest Rate
Several financial institutions these days are dealing with high interest rates. People many suffering as a result of it. Many studies have claimed different versions of solutions to fight with the exorbitant interest rates. We are proposing a human centric interest rate approach to curve this issue. Under this approach, interest will be charged by factoring in the qualitative factors about the lender and also the current condition of the lender. This approach will hopefully reduce the number of default cases to a great extent and promote financial inclusion in a greater scale.
MBA (UPM, Malaysia), Visiting Scholar (UoM, Japan), BBA (University of Dhaka, Bangladesh).
Lecturer in Finance
Department of Entrepreneurship
Daffodil International University
Daffodil Business Incubator Building
Dhanmondi, Dhaka 1207, Bangladesh