Bank Negara Malaysia will not interfere in any retail financing products unless it detects unfair and harmful practices.<br /><br />The central bank said this when asked on GOPinjam, the recently launched microcredit offering via the Touch 'n Go e-wallet, where interests can go up to 36 percent per annum.<br /><br />Although Malaysiakini had sought a response from the BNM specifically about GOPinjam, its statement does not mention the product.
