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MICROFINANCE LAW KARNATAKA
Regional curbs dampen microfin revival in South India as biz looks upTamil Nadu saw a 2.3% quarter-on-quarter squeeze in the state's microfinance outstanding portfolio to Rs 38,900 cr at the end of March, whi...- Bad Memories of Another Day for Lenders as Bihar Moves to Regulate MicroloansBihar's new microfinance law could stall the sector's rebound. The state assembly passed a bill regulating money lending, a move that may p...
- Bihar microfinance bill may spoil the sector's recoveryBihar's new microfinance law could disrupt the sector's recovery. The bill limits borrowers to two lenders, a change from the industry norm...
- Rise in long term delinquencies show persistent repayment challenges in microfinanceA recent CRIF High Mark report reveals a mixed bag for India's microfinance sector. While early-stage delinquencies have slightly improved,...
- Microfin in major crisis with near-2x NPA surge; Joint-liability lending model on shaky groundIndia's microfinance sector is facing a severe crisis as delinquency rates have surged, with gross NPAs reaching 16% in FY25. This rise has...
- New microfinance guardrails from June 1 while Tamil Nadu plans to regulate recovery operationsSa-Dhan has tightened microfinance regulations amid rising asset quality concerns, particularly with potential disruptions in Tamil Nadu du...
- Karnataka MFI Ordinance: New law imposes tough conditions for MFIs to operate, coercive loan recover will invite fine, jail termThe Karnataka Government has enforced the Karnataka Micro Loan and Small Loan (Prevention of Coercive Actions) Ordinance, 2025, which manda...
- Karnataka governor clears ordinance to curb coercive micro-loan recoveriesGovernor Thaawarchand Gehlot approved the Karnataka Micro Loan and Small Loan (Prevention of Coercive Actions) Ordinance, 2025. The ordinan...
- Karnataka government sends microfinance ordinance back to Governor with explanationsThe Karnataka government has re-sent an ordinance to the Governor for assent, aimed at protecting borrowers from harassment by microfinance...
- Karnataka: Officials panel to vet MFI Ordinance draft to strengthen proposed lawA high-level meeting led by Chief Minister Siddaramaiah has decided to form a group of senior finance and law officers to review a draft Or...
- Next Cabinet meet to discuss Ordinance to rein in MFI loan recovery methods, says Karnataka CMThe Karnataka CM announced that the next Cabinet meeting will address an ordinance to control unlawful loan recoveries by micro-finance ins...
- Siddaramaiah talks tough on MFIs employing goondas to recover loansThe State Government has decided to take strict action against micro-finance institutions (MFIs) demanding high interest rates and harassin...
- Will amend law to rein in microfinance companies: Karnataka CM SiddaramaiahKarnataka Chief Minister Siddaramaiah has announced the state's decision to amend existing money lending laws and introduce new legislation...
- Karnataka govt mulls stringent laws to regulate microfinance companiesThe Karnataka government plans to enact tougher laws to control microfinance companies amid reports of loan recovery agent harassment leadi...
- NBFC-MFIs outpace microfinance industry growth, banks falterNon-banking finance companies-microfinance institutions (NBFC-MFIs) in India have seen a 43% year-on-year growth, allowing them to increase...
- Jindal family's daughter-in-law in microfinance forayThis makes Svamaan the second microfinance venture after Ananya Birla promoted Svatantra Microfin where family fortune of large corporate h...
- Kedaara in talks to buy up to 30% in Madura MicroAvendus Capital has been mandated to run a formal process, sources said. The funds would be used for expanding the loan book and widening r...
- SKS Microfinance completes Rs 550-cr deal with two banks; stock upSKS Microfinance - the largest microfinance institution in the country - has completed another deal worth Rs 550 crore with two banks.
- SKS betters strike rate with Rs 550-cr dealSKS Microfinance - the largest microfinance institution in the country - has completed another deal worth Rs 550 crore with two banks.
- ‘Catamaran’s investment in SKS was to help poor’Mr Narayana Murthy, founder of Infosys Technologies, whose Catamaran fund bought shares in SKS Microfinance ahead of the initial public off...
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