Karnataka Governor returned the state government’s ordinance targeting coercive microfinance loan recovery, calling the ...

Karnataka Governor rejects state's microfinance ordinance proposing 10-year jail terms for coercive loan recovery, raising ...

Governor Thawarchand Gehlot also pointed out that existing laws could have been used by the police to address the issue. He maintained that the ordinance could negatively impact microfinancing and ...

Karnataka Governor Thawar Chand Gehlot has rejected the ordinance promulgated by the Congress-led government to tackle the ...

Karnataka Governor Thaawarchand Gehlot has rejected an ordinance by the Congress government aimed at regulating microfinance institutions, citing excessive penalties and suggesting existing laws could ...

Governor Thaawarchand Gehlot on Friday rejected Karnataka Micro Finance (Prevention of Coercive Actions) Ordinance 2025 that the Siddaramaiah-led Congress government had proposed to regulate ...

Governor Thaawarchand Gehlot on Friday rejected Karnataka Micro Finance (Prevention of Coercive Actions) Ordinance 2025, stating that in its current form, the lenders, who are also part of the society ...

Mint Road, on December 21, 2023, flagged the role of self-regulatory organisations (SROs) in strengthening the compliance ...

Governor Thaawarchand Gehlot on Friday rejected Karnataka Micro Finance (Prevention of Coercive Actions) Ordinance 2025, stating that in its current form, the lenders, who are also part of the society ...

Bengaluru: Karnataka governor Thaawar Chand Gehlot has rejected the ordinance sent in by the Congress government to curb ...

Aimed at protecting borrowers from harassment by microfinance institutions (MFIs), the Karnataka government drafted the ordinance with penal provisions, including a jail term up t ...