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…

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…