Following Governor Thaawarchand Gehlot's approving the Ordinance promulgated to contain microfinancing institutions (MFIs), ...

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.

Karnataka Governor Thawar Chand Gehlot signed the ordinance regarding the microfinance rules that the Karnataka government ...

The Reserve Bank of India has started to ease curbs on non-banking financial companies (NBFCs) and banks after they improved ...

Karnataka Governor Thaawarchand Gehlot has given his assent to the ordinance to check harassment by microfinance companies to its borrowers, said government sources on Wednesday. Following reports ...

India’s quasi-sovereign fund is looking to raise as much as $2 billion in its latest private credit fund, Chief Executive ...

The microfinance sector has grown multiplefold over the years and currently contributes 3 percent to the GVA of the economy.

Funding squeeze, Karnataka's plan to curb coercive recoveries and rating downgrades have worsened the stress for the MFI ...

Karnataka is going the Andhra, Assam way to take the microfinance industry head-on. Will it rise from the current mess?

Raj Bhavan maintained that while shielding borrowers from exploitative practices is the state’s duty, it is equally important to uphold the rights of lenders who have issued loans in accordance with ...

Karnataka Governor Thawar Chand Gehlot pointed out that the terms of punishment were “disproportionate” to the offence ...