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 ...

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

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 ...

MICROFINANCE institution Cebuana Lhuillier has partnered with the Department of Social Welfare and Development (DSWD) for the Area 112 DSWD Caravan in Tondo, Ma ...

Karnataka Governor rejects state's microfinance ordinance proposing 10-year jail terms for coercive loan recovery, raising ...

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