Amid suicides, Karnataka govt puts checks on microfinance firms
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Karnataka government will amend laws to regulate microfinance companies due to public outrage over debt-related harassment. CM Siddaramaiah announced measures to cap interest rates and protect debtors, emphasizing adherence to RBI regulations and potential poAmid suicides, Karnataka govt puts checks on microfinance firms
Karnataka government will amend laws to regulate microfinance companies due to public outrage over debt-related harassment. CM Siddaramaiah announced measures to cap interest rates and protect debtors, emphasizing adherence to RBI regulations and potential police action against non-compliant firms. Read more