Progress in Judicial Efficiency The Sub-Divisional Officer's courts have witnessed a remarkable reduction in pending cases, from 62,857 to 26,726, with 36,131 cases disposed of in the last one and ...
During a meeting of the Revenue Department held Monday, Revenue Minister Krishna Byre Gowda noted that microfinance firms have given out loans worth Rs 59,000 crore in the state. “In order to expand ...
IDFC First Bank shares decreased by 7.2% following a 15% YoY decline in net profit due to higher bad loan provisions in microfinance. Despite a 14% increase in net interest income, the bank was ...
The credit for this lies squarely on two sets of regulations, first on microfinance and the second on branchless banking. But the former is in serious trouble, with no signs of reprieve as yet.
On Saturday, the Mumbai-based mid-sized private lender said, opens new tab gross slippages, or the loans classified as non-performing for the first time, in the microfinance segment jumped nearly ...
We will take stringent action against violation of rules for recovering money," Siddaramaiah warned. The meeting was convened after many people allegedly died by suicide, families fled their homes and ...
Microfinance institutions (MFIs) in Karnataka have come under the State government’s lens as some cases of borrowers ending their lives are being reported from different districts, allegedly ...
The complainant stated that due to unforeseen circumstances, the monthly instalments were delayed, and company representatives “threatened and abused” his mother A first information report ...