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Bihar Assembly Passes Bill To Regulate Microfinance Cos; State-Level Registration Made Mandatory

Bill, 2026, mandates that lenders must obtain prior permission from the state Finance Department before disbursing loans.
BW Businessworld

In-Ra Warns Bihar’s Microfinance Bill Could Delay Sector Recovery

India Ratings and Research says that the proposed regulation may disrupt collections and tighten lending in the key market ...

Bihar MFI bill may disrupt operations, delay recoveries, say analysts

Analysts warn Bihar's proposed microfinance regulation could disrupt lending operations, weaken borrower credit discipline, ...

SFB shares fall after Bihar passes Microfinance Bill 2026; analysts weigh

Stocks of Utkarsh Small Finance Bank, Equitas Small Finance Bank, Jana Small Finance Bank, Ujjivan Small Finance Bank and AU Small Finance Bank fell after Bihar cleared a Bill to regulate microfinance ...

No more forced recovery: Bihar’s new law limits borrowers to two MFIs and bans unauthorised loans

Under the new law, microfinance institutions (MFIs) can no longer give loans without the Bihar government’s permission. It ...
Rediff Money

Bihar Regulates Microfinance: Registration Mandatory

Bihar assembly passes bill to regulate microfinance institutions, mandating state-level registration and curbing coercive ...

House passes Bills to regulate MFIs, fees in private educational institutions

The Bihar Micro Finance Institutions (Regulations of Money Lending and Prevention of Coercive Actions) Bill, 2026, aims to ...
NDTV Profit

Bihar Tightens Microfinance Rules: Citi, MS See No Immediate Hit To Listed MFIs

The legislation specifically targets individuals, partnership firms, companies, societies, and trusts that are actively ...

L&T Finance, Utkarsh SFB, Fusion Finance tank up to 11% as Bihar passes MFI Bill 2026. Here’s what’s causing pain

Shares of microfinance-linked lenders fell sharply after Bihar passed a bill tightening regulations on MFIs. While the move ...