Bihar Micro Finance Bill: RBI Lenders Chill, No Stress Here
Yo, peep this! The Bihar Micro Finance Bill just rolled out, but RBI lenders are sittin' pretty, no registration needed, just keepin' it smooth. With collection efficiency on lock, Bihar's microfinance game is strong, and the money keeps flowin'.
Quick rundown
- Bihar's new microfinance bill won't impact RBI-regulated lenders.
- RBI-regulated entities are exempt from state registration.
- Bihar leads in microfinance exposure with strong collection efficiency.
- Shares of microfinance lenders fell after the bill's passage.
- Bihar remains a disciplined market despite challenges.
