Captains of the microfinance industry said that their borrowers have now become savvy and know that a good repayment ensures timely dose of...

Assam chief minister said that the Assam government in its first cabinet meeting formed a committee under the chairmanship of Housing and U...

Sarma said, “There are a section of women who were paying regularly their instalments however in anticipation that the government will waiv...

In 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 ...

Sarma 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...

Leader of opposition in Assam assembly Debabrata Saikia in a statement said that during election campaign BJP has promised waiver however n...

Talking to media persons on Friday, Singhal said, “The loan waiver will come with capping it will not be a blanket waiver. Assam chief mini...

The scheme is expected to cover only the delinquent loans, people familiar with the matter said. The size of the state’s microfinance secto...

Sarma, while talking to media persons on Thursday, said, “Waiver of loan for microfinance borrowers will be given on both principal and int...

The new government has already set the ball rolling to fulfil its election promise of waiving microfinance loans. A committee has been form...

Bandhan Bank was under pressure on concerns around asset quality due to the waiver promises in Assam and polls in the two states.

Micro loan waiver is turning out to be a major political ploy in the northeastern state, derailing the repayment culture for the state's Rs...

The microfinance business in the northeastern state has been facing repayment issues since November 2019 due to socio-political activism.

Competitive populism by offering financial benefits to the northeastern state's 27 lakh microfinance borrowers has turned out to be major p...

"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...

Managing 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 ...

The microfinance sector is bracing for the impact of the Rs 60,000-crore farm waiver package announced in Budget '08.