Friday, March 13, 2020

Assam micro lenders stare at Rs 12,500 crore loss

Micro finance institutions are facing a grave crisis in the state as hundreds of borrowers refuse to repay pending loans citing alleged harassment by these companies using strong-arm tactics to realise the outstanding amounts. This crisis has been brewing in the state, especially in the upper Assam region, since October last year.

from
Guwahati News, Latest Guwahati News Headlines & Live Updates - Times of India

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