Ujjivan Small Finance Bank's micro loan collection in Assam suffers following loan waiver promise

Micro loan waiver is turning out to be a major political ploy in the northeastern state, derailing the repayment culture for the state's Rs 12,000-crore big microfinance sector. Ujjvan has Rs 364 crore microfinance book in the northeastern state. This is about 3.5% of its total microfinance loans and 2.7% of total loan portfolio of Rs 13,638 crore.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/ujjivan-small-finance-banks-micro-loan-collection-efficiency-in-assam-improves/articleshow/81313255.cms