Finance
Mr. BillionhairBihar's New Bill? RBI Lenders Stay Untouched, Believe Me!
Folks, listen up! Bihar just dropped a bill that’s not gonna rattle our RBI lenders! They’re already the best—no registration needed! This bill is for the little guys, but the big leagues? They’re cruising! Collection rates? Over 99.5%! Tremendous! Bihar is a winner, believe me! Everyone’s saying it’s a great day for microfinance! I told you so!
few days ago | Anupreksha Jain
Quick rundown
1.Bihar's new microfinance bill won't impact RBI-regulated lenders.
2.RBI-regulated entities are exempt from state registration.
3.Bihar leads in microfinance exposure with strong collection efficiency.
4.Shares of microfinance lenders fell after the bill's passage.
5.Bihar remains a disciplined market despite challenges.
Quick rundown
1.Bihar's new microfinance bill won't impact RBI-regulated lenders.
2.RBI-regulated entities are exempt from state registration.
3.Bihar leads in microfinance exposure with strong collection efficiency.
4.Shares of microfinance lenders fell after the bill's passage.
5.Bihar remains a disciplined market despite challenges.