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

Minister and cabinet spokesperson Pijush Hazarika said that the Cabinet approved the incentives earlier announced for waiving micro-finance...

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 BJP-led government which came back to power for the second consecutive term will present its first budget in July.

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

The states, which announced debt waivers as a mechanism to address farmer distress, saw impacts on farm loan delivery in various degrees, a...

The ratings firm expects the aggregate fiscal deficit of states to come in higher at 3.2% in FY'20 than the agency’s forecast of 2.8% in it...

Aggregate budget deficit of Indian states is estimated to increase to 3.2 percent of gross domestic product in the next financial yea

Competitive populism is building serious stress for lenders, which could soon mar the credit cycle itself.

Several states including Assam, Chhattisgarh & MP, announced farm loan waivers this week.

Economists agree on the need for designing a lasting solution to the distress in agriculture, instead of resorting to quick fixes such as w...

Banks fear that loan waivers announced by states could lead to even those who pay on time delaying payments.

Another is the Assam Farmers’ Interest Relief Scheme (AFIRS), which will extend support to farmers who are prompt in repaying their loans, ...

Already states including Madhya Pradesh, Chhattisgarh, Karnataka, Maharashtra, Uttar Pradesh and Punjab have announced loan waiver.

As per the scheme, the government will write off 25 per cent loan of farmers up to a maximum of Rs 25,000 of all farm debts, Assam Governme...

Various states including Gujarat and Uttar Pradesh sought debt relief measures from the central government in recent past, Parliament was i...