The CB governor said that this bill Is to be presented in parliament for enactment soon and it will address the issues of money lending as well as the presently cropped up online loan business .

He made this disclosure when responded to a question raised by a journalist on inconveniences faced by many people due to online lending companies operating in the country without obtaining the permission from the Central Bank.

He noted that the people should be more cautious in borrowing money at high interest rates from such loan sharks.