VIDEO | Union Budget 2026: NBFCs seek credit guarantee scheme for microfinance segment, NHB-like refinance facility to ease liquidity stress.
NBFC-backed microfinance institutions have called for a Rs 20,000 crore government-backed credit guarantee scheme and a dedicated refinance facility, similar to the support housing finance companies get from the National Housing Bank (NHB), in the Union Budget 2026–27 to ease liquidity stress and make loans more affordable for low-income borrowers.
“We are looking at support in terms of a credit guarantee scheme and we are hoping that a credit guarantee scheme would be announced in this Budget,” Sadaf Sayeed, Chief Executive Officer of Muthoot Microfin Ltd, told PTI in an exclusive interaction on the sidelines of the Global Inclusive Finance Summit 2026.
#UnionBudget2026
(Full video available on PTI Videos - https://t.co/bIyFWTfmBd)
#GSTReforms2025: How Assam’s Economy Will Gain Across Sectors 📈
➡️Tea Industry
👉With tea now taxed at 5% GST, shelf prices are estimated to fall by about 11%. This reduction in prices is especially encouraging for exports
➡️Handloom & Handicrafts
👉The new 5% GST rate will effectively reduce prices by ~6.25% on eligible handloom/handicraft items. This will bring relief to weavers, who can now sell in competitive markets and earn better margins
Read here: https://t.co/lpdusM8MCn
#NextGenGSTReforms #GSTReforms #NextGenGSTReforms2025 @FinMinIndia
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Our Food Safety team urges the Citizens of Sambalpur to kindly refrain from foods served on Newspapers or being packed in Newspapers as it can lead to ingestion of ink which can impact health in the long term.
@HUDDeptOdisha
Proud moment for India! 🇮🇳
Dr. Mrutyunjay Mohapatra wins the UN Sasakawa Award 2025 for Disaster Risk Reduction — a global recognition of India's leadership in saving lives!
Congratulations India!! A Proud Moment for Nation !!
Dr. Mrutyunjay Mohapatra, Director General of Meteorology, India Meteorological Department has received the prestigious United Nations Sasakawa Award-2025 for Disaster Risk Reduction!
A huge step forward in global disaster risk reduction efforts!
@ZestMoneyCares I don't care, and I'm not sharing my bank details and public don't have any interest to see these stuffs..
Answer me here, what is the issue for not giving the NOC????
I suggest people not to take any loan from Zest Money.. They have the worst customer support..
@hemantpaul517@ZestMoney@ZestMoneyCares Same issues with me.. Even though they have mailed me that, your cibil corrections has been done but when I checked the paid cibil report it's showing Overdue..
Chuttiyapa hai ye aur kuch nahe.. Frustrating
@ZestMoney@ZestMoneyCares You People are not resolving issues of customers on given TAT..
Check my issue raised from Feb 2022 (Loan Closed on 30th Jul 2021) but I didn't received any NOC or any Cibil corrections even after following up for more than 3months..
60 mails and more than 100 calls I did
Lack of proper #sanitation facilities remain a core issue in many of India’s rural households. Muthoot Microfin is determined to address the cause by reaching out to the remote areas & by offering them financial assistance to build proper facilities https://t.co/v6X8UESZoc
@Water
Organized Eye Care camp at Sankar Nagar in Thirunelveli, TN for vulnerable communities who are unable to obtain quality eye care treatment due to financial or Covid related concerns. 150 people were screened for eye related ailments at the program.
The Walk-in Vaccination Drive will continue this Sunday as well.
Those who have not taken your Vaccine Dose yet can take it easily by walking in to the Vaccination Centres.
#BhubaneswarVaccinationDrive
Muthoot Microfin has won 2nd prize at the Distinguished NBFC Award by @BankingFrontier for its Corporate Communication initiatives. The recognition was bestowed for excellence in PR, Internal Comms. & strategizing clear, consistent, and appropriate communication roadmap.🏆
Our CEO @Sadafsayeed has won ‘CEO of the Year’ award at CMO Asia’s 7th National Awards held at Mumbai on 27th August. The award recognizes leaders who play key role in aligning company strategies with business goals and succeed in contributing to the growth of the organization.🏆
#Throwback - We hosted Neeraj Chopra & rest of the Indian Javelin Team at EcoRetreat Konark during their training in Odisha. Heartiest congratulations to him on the historic GOLD medal win at #Tokyo2020.
@Tokyo2020hi @WeAreTeamIndia@sports_odisha