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MICROFINANCE LOAN WAIVER
Ahead of Assam polls, CM Sarma banks on loyal voter baseAssam Chief Minister Himanta Biswa Sarma commands a strong voter following built over decades. His political journey spans various affiliat...- Banks' credit growth to moderate in FY27; NPAs to inch up: Crisil RatingsBanks' credit growth is projected to slightly slow to 13% in FY27, with a potential 0.20% rise in bad loans to 2.5% by March 2027, accordin...
- Assembly polls raise loan waiver pitch, but impact may be minimalCaptains of the microfinance industry said that their borrowers have now become savvy and know that good repayment ensures a timely dose of...
- Loan waiver promises may hamper micro loan repayment, but only temporarilyCaptains of the microfinance industry said that their borrowers have now become savvy and know that a good repayment ensures timely dose of...
- Assam government to spend Rs 7,200 crore in Microfinance loan waiverAssam chief minister said that the Assam government in its first cabinet meeting formed a committee under the chairmanship of Housing and U...
- 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...
- 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...
- 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...
- Assam microloan waiver likely for defaulting borrowers onlyThe scheme is expected to cover only the delinquent loans, people familiar with the matter said. The size of the state’s microfinance secto...
- 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...
- Bandhan stock may get an upgrade as poll dust settles in Bengal, AssamBandhan Bank was under pressure on concerns around asset quality due to the waiver promises in Assam and polls in the two states.
- 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...
- Assam micro loan waiver promise derails repaymentThe microfinance business in the northeastern state has been facing repayment issues since November 2019 due to socio-political activism.
- 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...
- Diligent borrowers need to be kept away from credit flow-slowing loan waiver politics"Blanket loan waiver does not serve any purpose at the end of the day. Whenever governments announced such a move, it's the credit flow whi...
- Loan waiver will not impact repayment collection for MFIs, says Bharat Financial InclusionManaging Director MR Rao told ET that his company has in fact witnessed a rise in repayment the day after the loan waiver was announced by ...
- Loan waiver may push repayment out of circulationThe microfinance sector is bracing for the impact of the Rs 60,000-crore farm waiver package announced in Budget '08.
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