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

Mysuru: Amid rising complaints of harassment by Microfinance lending firms across Karnataka, T.V. Arunkumar, State President ...

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

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

MYSURU: Chikkadevamma (49) cooks for her husband and son, takes a tiffin carrier for herself and reaches a nearby estate for ...

Bengaluru: Following a series of reports on people fleeing villages and a woman dying by suicide due to micro-lenders ...

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

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 ...

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

The Microfinance Industry Network (MFIN) on Thursday dismissed reports about alleged harassment by microfinance companies in the state, claiming that a small section of "ill-informed" individuals with ...

In an interaction with Business Standard, Alok Misra, chief executive officer of Microfinance Institutions Network (MFIN), a ...