Microfinance Industry Network (MFIN), a Self-Regulatory Organisation (SRO) recognised by RBI and the Association of Karnataka Microfinance Institutions (AKMI), jointly organised a press meet ...

The State Government is cracking down on microfinance institutions, using strongarm tactics to recover loans, and drafting a ...

The Karnataka ... in microfinance companies and protect borrowers. He told journalists that shortcomings in the existing laws had come to the government’s notice, according to The Economic ...

Karnataka's Deputy Chief Minister DK Shivakumar announced plans for an ordinance to curb microfinance exploitation. He ...

BENGALURU: Karnataka governor Thaawar Chand Gehlot has rejected the ordinance sent in by Congress govt to curb harassment of borrowers by microfinance institutions, citing concerns over severity of ...

The Karnataka government is preparing a new law to address public anger over exploitative microfinance companies. Minister H K Patil announced an urgent meeting to discuss the Karnataka ...

The total gross loan portfolio of microfinance institutions in Karnataka has surged from ... microfinance institutions have played a pivotal role in driving women’s empowerment.

BENGALURU: Governor Thaawarchand Gehlot on Friday returned the draft Karnataka Microfinance (Prevention of Coercive Actions) ...

Microfinance institutions (MFIs) in Karnataka have come under the State government’s lens as some cases of borrowers ending their lives are being reported from different districts, allegedly ...

Karnataka government will amend laws to regulate microfinance companies due to public outrage over debt-related harassment. CM Siddaramaiah announced measures to cap interest rates and protect ...

The Karnataka government is contemplating bringing in stringent laws to rein in microfinance companies, state Home Minister G Parameshwara said on Friday. With reports emerging from various parts ...

(MENAFN- IANS) Davanagere (Karnataka), Jan 28 (IANS) A female teacher committed suicide by jumping into a river, allegedly due to harassment by microfinance staffers in Karnataka's Davanagere ...