Karnataka Chief Minister Siddaramaiah on Saturday said the state government would amend the existing laws related to money ...

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

The key difference between the old and the revised rules is around the approval processes for the settlement of loans.

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

BENGALURU: The state government is planning to formulate ‘Karnataka Microfinance Institutions (Regulation of Money Lending) ...

The Karnataka government is set to hold an emergency meeting on Saturday to discuss and enact a special law aimed at curbing ...

( MENAFN - IANS) Bengaluru, Jan 24 (IANS) The Karnataka government is set to hold an emergency meeting on Saturday to discuss ...

Microfinance Industry Network (MFIN), a Self-Regulatory Organisation (SRO) recognised by RBI and the Association of Karnataka ...

Ujjivan Small Finance Bank plans to apply to the RBI for transitioning to a universal bank, aiming for lower capital adequacy ...

Karnataka MFIs face scrutiny after borrower suicides, State government plans Ordinance to regulate activities, amid rising ...

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 ...

Karnataka Chief Minister Siddaramaiah has announced the state's decision to amend existing money lending laws and introduce ...