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    Credit Guarantee Scheme for MFIs to Aid Liquidity

    Mumbai, March 20 The government on Friday approved a limited-period Rs 20,000-crore credit guarantee scheme to aid microfinance institutions (MFIs), which have been complaining about difficulties in accessing funds.The Credit Guarantee Scheme for Microfinance Institutions- 2.0 (CGSMFI-2.0)...
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    State-Level Registration Mandated for Microfinance Loans in Bihar

    Patna, February 26 The Bihar Assembly passed a bill on Thursday aimed at strengthening oversight of microfinance institutions and curbing coercive recovery practices.The Bihar Micro Finance Institutions (Regulation of Money Lending and Prevention of Coercive Actions) Bill, 2026, mandates that...
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