The Microfinance Tangle in Karnataka And What the State Is Doing About It
While the total number of SHGs linked to banks through savings bank accounts in India is 144 lakh with 77 lakh of those (or, ...
Karnataka cracks down on microfinance firms as rural debt crisis deepens
The State Government is cracking down on microfinance institutions, using strongarm tactics to recover loans, and drafting a ...
Governor Thaawarchand Gehlot returns draft Ordinance to rein in errant lenders
BENGALURU: Governor Thaawarchand Gehlot on Friday returned the draft Karnataka Microfinance (Prevention of Coercive Actions) ...
Karnataka implemented first-of-its-kind experiment with Panchayat Raj fellowship programme: Priyank Kharge
Priyank Kharge added that it was rewarding to learn that these enthusiastic fellows had done such great work in just a few ...
The Hindu15d
Karnataka’s microfinance loan volume grew nearly threefold in last four years to ₹42,265 crore: MFIN
The total gross loan portfolio of microfinance institutions in Karnataka has surged from ... microfinance institutions have played a pivotal role in driving women’s empowerment.
Mena FN8d
Don't End Lives; File Plaints As Govt Is With You: K’Taka CM Assures People Of Action Against Microfinance Firms
(MENAFN- IANS) Mysuru (Karnataka), Jan 31 (IANS) Karnataka Chief Minister Siddaramaiah on Friday assured people of action against microfinance ... alone is not enough; economic and social freedom ...
The Hindu8d
Ordinance to curb microfinance menace delayed
The much-anticipated Ordinance to curb the menace of money lenders and microfinance institutions ... When asked if an economic crisis in rural areas had led to loan defaults, the Minister said ...
Indiatimes10d
MFIs in Karnataka may face fresh recovery challenges
The Karnataka government plans to introduce an ordinance to regulate microfinance recovery practices due to concerns over coercive loan recovery methods. This move has caused anxiety among lenders in ...