The microfinance sector has grown multiplefold over the years and currently contributes 3 percent to the GVA of the economy.

A 42-year-old man died by suicide in this district following 'harassment' by microfinance companies, police said on Monday.

Karnataka Governor Thawar Chand Gehlot signed the ordinance regarding the microfinance rules that the Karnataka government ...

Karnataka Governor Thaawarchand Gehlot has given his assent to the ordinance to check harassment by microfinance companies to its borrowers, said government sources on Wednesday. Following reports ...

Karnataka Governor Thaawarchand Gehlot has given assent to the Karnataka Micro Finance (Prevention of Coercive Actions) Ordinance 2025, which penalises coercive recovery tactics by microfinance ...

A common issue with Private Limited Microfinance Companies is the Rule 12 Declaration. When registering a private company intending to offer financial services, some consultants are advising their ...

Karnataka Minister H K Patil on Sunday said the draft ordinance to protect the borrowers from microfinance companies is ready and has been sent to Chief Minister Siddaramaiah for his approval. Once ...

Karnataka is going the Andhra, Assam way to take the microfinance industry head-on. Will it rise from the current mess?

Mumbai: Microfinance companies are facing the threat of a funding ... (microfinance institutions)," said Jinay Gala, director, India Ratings and Research Ltd. “This funding tightness could ...

Karnataka Deputy Chief Minister DK Shivakumar on Monday said that the government has planned an ordinance to stop the exploitation of the poor by microfinance c ...

Karnataka Governor Thawar Chand Gehlot has rejected the ordinance promulgated by the Congress-led government to tackle the ...