India pandemic infection Waves India

Fresh covid surge not to significantly impact MFI collections: Jana SFB CEO

Reading now: 582
www.livemint.com

microfinance. While a second wave of covid infections in Maharashtra and other states threaten to disrupt collections once again, the impact is expected to be milder this time round.Speaking to Mint, the bank’s chief executive Ajay Kanwal said the lender is allowing microfinance customers payment rescheduling options to tide over the crisis.Also Read | The great financial crunch: How the pandemic sank Indian statesEdited excerpts:How do you read the Supreme Court order in the loan moratorium case?All of us were always preparing for the moment when this stay order goes away.

I think that is not much of a challenge. Then, there is the part of the order that every borrower, even those with more than Rs2 crore in loans, have to be compensated..

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Russia-Ukraine war disinformation spreading online as experts say to seek credible sources - fox29.com - state Arizona - Russia - Ukraine
fox29.com
84%
427
Russia-Ukraine war disinformation spreading online as experts say to seek credible sources
PHOENIX - Facebook, Twitter and other social media platforms are battling to remove Russian disinformation accounts targeting Ukrainians, and experts at Arizona State say it's something they're watching closely.They want those scrolling online to be on the lookout for false information being spread on social media and websites.With online news spreading so quickly over the war, and things changing by the minute, experts say it's hard to really get a good grasp of everything that's happening, but they want to warn you that disinformation is spreading and to only use reliable resources before reading or sharing them."This kind of disinformation can be a useful weapon," says Dr. Jacob Lassin with Arizona State.Facebook, Twitter, Apple and other tech companies are under increasing pressure to crack down on disinformation being spread online, mainly from Russian hackers, they say, about the war in Ukraine.Lassin says with digital devices making information accessible in the palm of a hand, it’s also made spreading disinformation worse, too."What’s really important is that people take the time to look at the source to figure out kind of where things are coming from," Lassin advised.Facebook’s parent company Meta said on Monday it has caught dozens of fake, pro-Russian accounts, groups and pages across its platforms that are trying to spread anti-Ukrainian propaganda.
DMCA