The Karnataka Micro Loan and Small Loan (Prevention of Coercive Action) ordinance 2025 effective 12 February 2025 could have ...

Muthoot said that cost of funds are likely to come off only marginally and therefore he does not expect that to translate into lower lending rate.

IIFL Finance shares fell 6% to ₹312.20, a 10-month low, after disappointing December quarter results, including an 85% YoY ...

The assets under management (AUM) of microfinance institutions (MFIs) in the state stood at Rs 60,000 crore at the end of ...

Mysuru: Activists of Karnataka Rajya Raitha Sangha (KRRS) staged a novel protest here yesterday, by pasting the posters ...

Indian gold loan financier Manappuram Finance reported a third-quarter profit that missed analysts' estimates on Thursday, hurt by the stress in its microfinance business, including a quarter-long ban ...

The state government has planned an ordinance to prevent microfinance companies from exploiting the poor to recover loans.

Karnataka Governor Thaawarchand Gehlot has approved an ordinance aimed at curbing harassment by microfinance companies. The ...

Karnataka Governor Thawar Chand Gehlot signed the ordinance regarding the microfinance rules on Wednesday, said the CMO.

BENGALURU: Karnataka Home Minister G. Parameshwara said on Thursday that the state government's priority is to stop suicides due to alleged harassment by the microfinance companies in the state.

TUMAKURU: Karnataka Home Minister G. Parameshwara said on Wednesday that the Finance Department must act against the microfinance companies operating without licenses in the state. Addressing the ...

While microfinance institutions are a vital source of credit for many businesses, experts say there is still a deliberate need for financial literacy to truly empower entrepreneurs and break the cycle ...