KARACHI: State Bank of Pakistan has extended the deadline up to April 25 for submission of proposals under financial innovation challenge fund's (FICF) 2nd challenge round on " promoting rural and agricultural finance in Pakistan."
The 2nd challenge round was unveiled on March 6, 2014 in Islamabad , said a SBP statement here on Monday.
FICF is component of the larger financial inclusion program being implemented by State Bank under the funding assistance of the United Kingdom (UK) Aid.
The objective of the 2nd round is to pilot innovative products and delivery channels through development of new technological and infrastructure solutions in the areas of rural and agricultural finance.
The guidelines for 2nd challenge round is available at http://www.sbp.org.pk/mfd/events/FICF-Round-2-Guidelines.pdf.
Earlier, the deadline for submission of quality proposals by the potential applicants was April 10.
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