BBMP’s tax recovery is worse than microfinance firms:…

[ad_1] The Opposition BJP members criticised new rules framed by the Bruhat Bengaluru Mahanagara Palike (BBMP) to penalise property tax defaulters and compared it to the tactics used by microfinance institutions for recovery of loans.Speaking…

Karnataka’s new Ordinance and the state of microfinance…

[ad_1] Karnataka’s new Ordinance and the state of microfinance sector On February 12, 2025 after days of deliberations, the Karnataka government promulgated an Ordinance to crack the whip on unregistered and unlicensed microfinance institutions (MFI)…

How the state’s new Ordinance proposes to crack…

[ad_1] The story so farOn February 12, 2025, after days of deliberations, the State government promulgated the Karnataka Micro Loan and Small Loan (Prevention of Coercive Actions) Ordinance, 2025, which aims to crack down on…

Uttara Kannada police allay fears of harassment by…

[ad_1] Superintendent of police M. Narayana. File | Photo Credit: Photo Courtesy: Uttara Kannada District/Government of Karnataka Uttara Kannada police have issued an appeal to general public, asking them not to panic about alleged harrasment…

Ordinance to curb microfinance menace delayed

[ad_1] A team of officials from the Finance Ministry and the Law Ministry has been formed to review the Bill | Photo Credit: Getty Images/iStockphoto The much-anticipated Ordinance to curb the menace of money lenders…