Reserve Bank of Malawi governor Charles Chuka yesterday called on banks to "apply more innovation" in meeting the financing needs of the "underserved" sectors of the economy, in an effort to boost exports and close the country's "yawning" balance-of-payments deficit.

Chuka told an audience in Blantyre that he would "like to see banks and financial institutions playing their rightful role in the development of this country" and suggested that "more needs to be done to make banking more