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 ...
Traditional banks demand collateral she does not have, and microfinance institutions and commercial banks impose crushing interest rates that drain her profits.
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.
Flagging problem areas in the Karnataka Micro Loan and Small Loan (Prevention of Coercive Actions) Ordinance, 2025, Governor Thaawarchand Gehlot on Friday returned it to the State government ...
Karnataka Minister H K Patil said on Friday that if illegal loan recovery or charging of interest is considered a “fundamental right” under the Constitution, it would severely undermine constitutional ...
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 ...
Cebuana Lhuillier, the country’s leading microfinance services provider, recently celebrated Cebuanamazing Day, an event dedicated to showcasing its comprehensive financial ecosystem designed to ...
Jaydee Abraham, Ligaya Arculo, Junbert Bentulan and Gregoria Bernabe are microentrepreneurs who have shown that with the ...
Okey Ezea, Senator, representing Enugu North Senatorial District at Nat'l Assembly, has advocated the integration of ...
It is expected that the segment of beauty products will witness a rise of $34 billion by 2028. India’s rising purchasing power and trend of online shopping will witness a boom in the sector and it is ...