State News

Microfinance loan portfolio stands at INR  2,56,058 Crores as on December 31, 2021 

Microfinance loan disbursals during Q3 21-22 improved further to INR 65,392 crores as compared to same quarter of last financial year (INR 59,508 crores) and the same quarter of the last non-Covid FY 2019-20 (Rs 61,894 Cr). Performance Overview: Microfinance Universe (based on loans originated after February 2017)• As on December 31, 2021, the microfinance industry served 5.57 crore unique borrowers, through 10.58 crore loan accounts. The overall microfinance industry currently has a total Gross Loan Portfolio (GLP) of INR2,56,058 crores.• GLP as on December 31, 2021, showed …

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West Bengal is Investment Ready, offers strategic location advantage and is the business hub for East of India and neighbouring South Asian countries 

Chennai, 28 March, 2022: West Bengal offers unique business opportunities, strategic location advantage and is the human resource capital with investor friendly policies, says Mr Rajiva Sinha, Chairman, West Bengal Industrial Development Corporation (WBIDC), Government of West Bengal, at a government-Industry Interaction session organized by ASSOCHAM today in Chennai. A high-level delegation of Senior Officials of the state – Dr Subrata Gupta, IAS, Additional Chief Secretary, Department of Food …

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