While the total number of SHGs linked to banks through savings bank accounts in India is 144 lakh with 77 lakh of those (or, ...

The State Government is cracking down on microfinance institutions, using strongarm tactics to recover loans, and drafting a ...

Karnataka's Deputy Chief Minister DK Shivakumar announced plans for an ordinance to curb microfinance exploitation. He ...

The Karnataka government is preparing a new law to address public anger over exploitative microfinance companies. Minister H K Patil announced an urgent meeting to discuss the Karnataka ...

BENGALURU: Governor Thaawarchand Gehlot on Friday returned the draft Karnataka Microfinance (Prevention of Coercive Actions) ...

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.

Microfinance institutions (MFIs) in Karnataka have come under the State government’s lens as some cases of borrowers ending their lives are being reported from different districts, allegedly ...

Karnataka government will amend laws to regulate microfinance companies due to public outrage over debt-related harassment. CM Siddaramaiah announced measures to cap interest rates and protect ...

The Karnataka government is contemplating bringing in stringent laws to rein in microfinance companies, state Home Minister G Parameshwara said on Friday. With reports emerging from various parts ...

(MENAFN- IANS) Davanagere (Karnataka), Jan 28 (IANS) A female teacher committed suicide by jumping into a river, allegedly due to harassment by microfinance staffers in Karnataka's Davanagere ...