The Karnataka government drafted an ordinance with penal provisions, including a jail term up to 10 years, and fine of Rs ...

Karnataka governor Thaawar Chand Gehlot has rejected the ordinance sent in by Congress govt to curb harassment of borrowers ...

The proposed micro-finance ordinance aims to impose hefty fines and lengthy jail terms on micro-finance institution ...

The Karnataka government is cracking down on microfinance institutions (MFIs) with a new law that imposes up to 10 years in ...

After the Governor returned the ordinance aimed at protecting borrowers from harassment by microfinance institutions (MFIs), Karnataka Home Minister G Parameshwara said on Saturday that the government ...

Confirming this, State Home Minister G Parameshwara on Tuesday said, the Karnataka Micro Finance (Prevention of Coercive ...

A special court in Bengaluru convicted former BJP minister Es En Krissnaiah Setty and three others, including a bank manager, ...

The final draft of the ordinance, chalked out by a team of bureaucrats working at the chief minister’s behest, has gone for ...

Karnataka Governor returned the state government’s ordinance targeting coercive microfinance loan recovery, calling the ...

The government decided on promulgating the ordinance, in response to a spate of suicides and multiple complaints from various parts of the state.

Aimed at protecting borrowers from harassment by microfinance institutions (MFIs), the Karnataka government drafted the ...

The law empowers the police to register cases suo motu against microfinance or money-lending agencies. 'No police officer ...