Addressing the press conference at Vidhana Soudha after the meeting, Siddaramaiah announced that the government is committed ...

BENGALURU: Chief Minister Siddaramaiah on Saturday took the representatives of microfinance companies to task for recovering ...

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 government will amend laws to regulate microfinance companies due to public outrage over debt-related harassment.

These companies are violating the Reserve Bank of India norms for loan disbursement and recovery and many are illegal as they ...

IDFC FIRST Bank's provisions surged to Rs 1,338 crore in Q3, driven by higher slippages in its microfinance loan book, while ...

The urgent legal reforms announced by Karnataka's CM to protect borrowers from microfinance harassment following tragic ...

Representatives of the microfinance companies association, regional officers of the Reserve Bank of India and NABARD ...

The Karnataka government plans to introduce stricter laws to regulate microfinance companies following reports of coercive ...

Karnataka Chief Minister Siddaramaiah announces plans to amend laws governing the money lending sector following public outrage over borrower harassment by microfinance firms. The state aims to ...

Today, access to financial resources is a game-changer for individuals and communities striving to improve their living ...

The total gross loan portfolio of microfinance institutions in Karnataka has surged from ₹16,946 crore in March 2019 to ₹42,265 crore in the last financial year that ended March 2024, said ...