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

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 ...

While microfinance institutions are a vital source of credit for many businesses, experts are stressing the need for financial literacy to truly empower entrepreneurs and break the cycle of poverty.

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