Explore the alarming rise of predatory microfinance apps targeting vulnerable individuals in India, the financial risks ...

Bengaluru: The ordinance aimed at regulating microfinance institutions (MFIs) continues to face delays with governor Thaawar ...

The Chairman of Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has directed the Enugu Zonal Office of the commission to find and locate an uncompleted four-bedroom bungalow recovered ...

NBFCs can assess a customer differently and provide a credit solution that differentiates them from banking (companies) ...

Home Minister G Parameshwara had earlier confirmed that the government is committed to tackling microfinance fraud. He urged affected borrowers to report cases directly to the police.

In the meantime, instructions have been given to the Deputy Commissioners and Superintendent of Police of all the districts to control the menace of microfinance companies, Parameshwara said. "We will ...

During a meeting of the Revenue Department held Monday, Revenue Minister Krishna Byre Gowda noted that microfinance firms have given out loans worth Rs 59,000 crore in the state. “In order to expand ...

Over the years, the microfinance industry (MFI) has played a pivotal role in providing access to finance for underserved bottom of pyramid (BoP) customers. It has served as a powerful tool in ...

Karnataka Chief Minister Siddaramaiah on Saturday said the state government would amend the existing laws related to money lending business and introduce new legislation to protect the interest of ...

Geetha, had previously sold one of her own kidneys to settle a portion of the debt and she alleged that the agents are now behind her daughters for same. In a shocking and distressing incident ...

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In a move aimed at stimulating the growth of micro-finance sector and populating the sector with hundreds of more players, the government may unveil a special fund to give equity support to the ...