"Microfinance in India has come a long way since its inception in the 1970s, offering millions of women a pathway out of ...

Karnataka government had recently resubmitted the ordinance after addressing the Governor’s clarifications and suggestions.

Governor Thaawarchand Gehlot approved the Karnataka Micro Loan and Small Loan (Prevention of Coercive Actions) Ordinance, ...

Karnataka Governor Thawar Chand Gehlot on Wednesday, February 12, approved the Karnataka Micro Loan and Small Loan ...

A couple arrested for charging exorbitant interest rates reveals the dark side of unlicensed money lending in Bengaluru, ...

Governor Thaawarchand Gehlot had recently returned the ordinance to the government, citing regulatory excesses.

The Karnataka government on Monday said it has re-sent the ordinance aimed at protecting borrowers from harassment by microfinance institutions (MFIs) to the Governor once again for his assent, along ...

The Karnataka government has re-sent a microfinance ordinance to the Governor. The ordinance, addressing borrower harassment, proposes penalties but has been met with concerns over its implications on ...

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

Congress leaders criticize Governor for returning microfinance Ordinance, accusing BJP of interference in decision-making process.

The Karnataka government drafted an ordinance with penal provisions, including a jail term up to 10 years, and fine of Rs ...

Karnataka's Home Minister announced the government would address Governor Thaawarchand Gehlot's concerns and resubmit the ...