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

While acknowledging the ordinance’s objective to ‘address the issue of harassment’ of borrowers, Karnataka Governor ...

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

Ordinance 2025 includes strict penal provisions, including a jail term of up to 10 years and a fine of ₹5 lakh for violations ...

The Karnataka government has re-sent an ordinance to the Governor for assent, aimed at protecting borrowers from harassment ...

Background As the sun sets over Accra rsquo;s bustling markets, Adwoa, a 38-year-old trader in Makola ndash; ndash; one of Ghana rsquo;s busiest market ndash; counts her daily earnings .

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

Shadow banking describes non-traditional financial institutions that provide credit and other financial services outside the ...

HAKKI AFRICA, which operates microfinance business for taxi drivers in Africa, announced on the 3rd raising 1.97 billion yen in funding jointly led by SMBC Venture Capital and Global Brain. The ...