Karnataka Governor Thaawarchand Gehlot has approved a new ordinance aimed at regulating Microfinance Institutions (MFIs) following concerns over their coercive practices. This legislation, set to ...
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"Law to curb Microfinance harassment to come into effect soon": Karnataka CM SiddaramaiahKarnataka Chief Minister Siddaramaiah on Wednesday announced that the state government will soon implement an ordinance to ...
Asian News International on MSN11h
Governor Thawar Chand Gehlot clears Karnataka microfinance ordinanceKarnataka Governor Thawar Chand Gehlot signed the ordinance regarding the microfinance rules that the Karnataka government ...
Karnataka government had recently resubmitted the ordinance after addressing the Governor’s clarifications and suggestions.
Karnataka Governor Thawar Chand Gehlot on Wednesday, February 12, approved the Karnataka Micro Loan and Small Loan ...
Governor Thaawarchand Gehlot approved the Karnataka Micro Loan and Small Loan (Prevention of Coercive Actions) Ordinance, ...
The Karnataka government has resent the Karnataka Micro Loan and Small Loan (Prevention of Coercive Actions) Ordinance, 2025, to Governor Thaawarchand Gehlot without any changes. However, it has ...
While acknowledging the ordinance’s objective to ‘address the issue of harassment’ of borrowers, Karnataka Governor ...
Press Trust of India on MSN4d
Karnataka Governor Rejects Microfinance Ordinance, Cites Injustice To LendersThe Karnataka government drafted an ordinance with penal provisions, including a jail term up to 10 years, and fine of Rs ...
The Karnataka government has re-sent a microfinance ordinance to the Governor. The ordinance, addressing borrower harassment, proposes penalties but has been met with concerns over its implications on ...
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