27 Feb 2026 | 3 Mins Read
MFI stocks plummet 11% after Bihar passes contentious MFI Bill 2026
Flipitmoney
Shares of Utkarsh Small Finance Bank, L&T Finance, and Fusion Finance fell 5–11% after Bihar cleared the MFI Bill 2026. The law caps interest rates, limits lender exposure, and mandates state registration. With Bihar contributing 15% of the MFI loan book, investors worry about regulatory risks and slower credit growth.