Lenders in Assam may be staring at 8% irrevocable bad loans in state portfolio

The repayment crisis in upper part of the northeast state begun in November when protesters demanding ban against microfinance activities in the state. In December, repayment dropped further with protests against the Citizenship (Amendment) Act, 2019 impacting business across the state.

from Banking/Finance-Industry-Economic Times https://ift.tt/2ZFzXmc