Assam CM Himanta Biswa Sarma announces loan waivers for 5,119 women under microfinance relief schemeAssam Chief Minister Himanta Biswa Sarma visited Golaghat as part of a 12-day development initiative. He distributed aid to flood-affected ...
14 Dec, 2024, 09.21 PM IST
Avoid taking loans from microfinance institutions: Assam CMAssam Chief Minister Himanta Biswa Sarma urged women in the state to avoid taking loans from microfinance institutions due to high interest...
16 Oct, 2023, 08.56 PM IST
Covid-19, CAA protests reasons behind MFI loan defaults: Himanta Biswa SarmaTaking another giant leap forward towards fulfilment of promises made during campaigning for the 2021 State Assembly elections, Sarma on Sa...
23 Sep, 2023, 09.30 PM IST
Assam govt tables legislation to exclude entities regulated by RBI from ambit of Assam Micro finance institution ActThe Assam government has introduced legislation to exclude entities regulated by the Reserve Bank of India (RBI) from the Assam Microfinanc...
12 Sep, 2023, 05.54 PM IST
Assam cabinet approves Category-III of microfinance incentive and relief scheme, extends MoU with 37 lendersAssam cabinet approved third category of the Assam Microfinance Incentive and Relief Scheme (AMFIRS), 2021. This include microfinance borro...
19 May, 2023, 10.42 PM IST
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...
30 Sep, 2021, 07.23 PM IST
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...
24 Aug, 2021, 08.01 PM IST
MFIN signs MOU between Assam government and 37 microfinance lendersAMFIRS is aimed at providing financial relief from the Government to the microfinance borrowers in Assam to help them continue maintaining ...
24 Aug, 2021, 06.00 PM IST
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...
20 May, 2021, 10.41 PM IST
RBI raises concerns over dual microfinance regulation in AssamDuring the first meeting of the newly formed Assam government and microfinance stakeholders in Guwahati on Saturday, RBI officials are said...
16 May, 2021, 05.08 PM IST
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...
14 May, 2021, 10.09 PM IST
Acute stress building up in microfinance portfolios in WB, Maha, PunjabThe department of financial services (DFS) has recently called upon the two microfinance industry organisations - Sa-Dhan and Microfinance ...
12 Apr, 2021, 07.39 PM IST
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...
03 Mar, 2021, 08.07 PM IST
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...
13 Jan, 2021, 07.10 AM IST
Assam cabinet proposes to come up with a new act for microfinance institutionsAssam industry minister, Chandra Mohan Patowary after the cabinet meeting said, “New Act proposal for micro-financial institutions in line ...
13 Dec, 2020, 07.09 PM IST
Assam government to frame detailed guidelines for MFI operations: Himanta Biswa Sarma“Micro-Finance Institutions have played a significant role in promoting financial inclusion in Assam over the past few years - especially i...
06 Mar, 2020, 11.15 PM IST
Assam opposition leader Debabrata Saikia wants law to protect poor from microfinance crisisAn internal study conducted by Microfinance Institutions Network (MFIN), which is the self-regulator for the sector, shows that indebtednes...
23 Nov, 2019, 02.32 PM IST