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 Thaawar Chand Gehlot has rejected the ordinance sent in by Congress govt to curb harassment of borrowers ...

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, stating that in its current form, the lenders, who are also part of the society ...

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 ...

The Karnataka government had proposed the ordinance in the wake of several suicides by borrowers due to coercive actions by ...

Aimed at protecting borrowers from harassment by microfinance institutions (MFIs), the Karnataka government drafted the ...

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 ...

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

Mangaluru: Mangaluru City police organised an awareness programme about security measures for banks, ATMs, societies, jewellery shops, and finance com.

The microfinance sector is experiencing significant stress, with rising delinquencies affecting banks and non-bank lenders. Seasonal factors and increased borrower indebtedness have prompted cautious ...

He was responding to a claim made by the Leader of the Opposition in the Legislative Assembly, R Ashoka, who stated that CM Siddaramaiah would be replaced.