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OMBUDSMAN FOR MICROFINANCE
Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...- 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: 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...
- RBI holds rates steady: Here's the fine print from MPC's last meet in FY21The repo rate or RBI's key lending rate was held at 4% while the reverse repo rate or its borrowing rate was left unchanged at 3.35%.
- Past haunts MFI sector as standing committee rejects revamped BillWhen AP ordinance & subsequent law made it impossible for MFIs to operate in their mkt, industry hoped that passage of the Bill would resul...
- Why the Standing Committee on Finance rejected the MFI BillSince 2010, when the controversial Andhra Pradesh ordinance made it all but impossible for Microfinance Institutions (MFIs) to operate in t...
- RBI Deputy Governor KC Chakrabarty asks banks not to charge high prices"Some new guidelines will come on how it (RBI) can be more stringent in pricing the products to customers of banks," he said.
- RBI cautions banks charging high prices on their productsReserve Bank Deputy Governor K C Chakrabarty today said a new set of guidelines would be announced during the coming Ombudsman Conference i...
- SKS Microfinance to spend Rs 15 crore on improving grievance redressalSKS Microfinance today said it will invest Rs 15 crore over the next three years for strengthening customer grievance redressal.
- There's no breather for the new govtWhoever takes charge as the finance minister will have his plate full. Stalled by the left, the outgoing government has an array of pending...
- Microfinance bill puts Nabard in regulatory seatA New microfinance law is underway, with the Union Cabinet on Friday clearing the bill despite an opposition from some official quarters ci...
- Annual Policy Statement for 2006-07Annual Policy Statement for the Year 2006-07 by Dr. Y. Venugopal Reddy, Governor, Reserve Bank of India.
- Annual Policy Statement '05The complete Annual Policy Statement '05 as presented by Dr. Y Venugopal Reddy, Governor, Reserve Bank Of india.
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