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MICRO FINANCE WAIVER
MSMEs nursery of entrepreneurship, key to Viksit Bharat vision: RBI Guv Sanjay MalhotraRBI Governor Sanjay Malhotra lauded MSMEs as crucial for India's growth, highlighting their role in entrepreneurship and employment. He not...- Assam Cabinet approves Rs 1800 crore to around 11 lakhs micro finance borrowersAssam chief minister Himanta Biswa Sarma said that the State Cabinet approved Rs. 1800 crore to provide relief to around 11 lakhs microfina...
- Assam govt to ink MOU with microfinance institutions, says CM Himanta Biswa SarmaSarma said, “There are a section of women who were paying regularly their instalments however in anticipation that the government will waiv...
- Assam budget 2021-22: Relief for micro lenders announcedAssam finance minister Ajanta Neog, while presenting the budget for 2021-22, stated, "Assam Micro Finance Institutions (Regulations of Mone...
- Incentives for micro loan relief would help poor borrowers: Assam CMA delegation of women of Naharkatia visited Chief Minister Sarma at the latter’s office at Janata Bhawan and handed over 2000 handmade gamo...
- Assam cabinet approves incentives announced for micro loan reliefMinister and cabinet spokesperson Pijush Hazarika said that the Cabinet approved the incentives earlier announced for waiving micro-finance...
- No appeasement with microloan waivers, Assam thinks of rewardsIn parallel, the state has identified that out of the ₹12,500 crore of micro-loans, about ₹4,000 crore was given to borrowers flouting the ...
- Micro loan waiver in Assam turns into political slugfest as opposition demands white paperSarma on Friday said that after talks with MFIs and banks the size of micro loan outstanding is pruned to Rs 8250 Crore from Rs 12,500 Cror...
- Micro-loan waiver to provide relief to 22 lakh women in the state: Assam CMSarma on Friday said that after talks with MFIs and banks the size of micro loan outstanding is pruned to Rs 8,250 crore from Rs 12,500 cro...
- Opposition in Assam allege BJP govt is making U-turn on the micro finance loan waiver schemeLeader of opposition in Assam assembly Debabrata Saikia in a statement said that during election campaign BJP has promised waiver however n...
- Micro finance waiver will exclude income tax payees, among others: Ashok SinghalTalking to media persons on Friday, Singhal said, “The loan waiver will come with capping it will not be a blanket waiver. Assam chief mini...
- Committee on microfinance loans to suggest quantum of waiver: Himanta Biswa SarmaSarma, while talking to media persons on Thursday, said, “Waiver of loan for microfinance borrowers will be given on both principal and int...
- Assam to discuss microfinance future with industry leadersThe new government has already set the ball rolling to fulfil its election promise of waiving microfinance loans. A committee has been form...
- Ujjivan Small Finance Bank's micro loan collection in Assam suffers following loan waiver promiseMicro loan waiver is turning out to be a major political ploy in the northeastern state, derailing the repayment culture for the state's Rs...
- Satya MicroCapital raises Rs 153 crore in equity from Japan's Gojo & CompanyBhubaneswar-headquartered Annapurna Finance and Kolkata-grown Janakalyan Financial Services are also looking for equity expansion, two peop...
- Now, micro loan waiver talks in Assam worry MFIsCompetitive populism by offering financial benefits to the northeastern state's 27 lakh microfinance borrowers has turned out to be major p...
- Small finance banks may remain unscathed by farm loan waiversRBI had imposed restrictions on Bandhan Bank’s branch expansion as it failed to pare down the promoters’ stake to 40% within the stipulated...
- Microfinance sector looks to shake off demonetisation blues by MarchLoan repayment took a severe hit in the cash-based microfinance sector after the government announced note-ban in November 2016.
- Expect micro finance to be 30% or below of overall business, by March-end: HKN Raghavan"The demonetisation effect is stabilised, it is a kind of plateau compared to last quarter to this quarter," HKN Raghavan said
- Chennai floods left 50,000 jobless in MSME sector: Kalraj MishraMSME Minister Kalraj Mishra said that the devastating floods that hit several parts of Chennai this month have left 50,000 people unemploye...
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