Karnataka microfinance ordinance to stay

‘Ordinance carves out protective shield for those trapped in labyrinth of unsecured micro loans’ The High Court dismissed a petition on Monday challenging the constitutional validity of the Karnataka Micro Loan and Small Loan (Prevention of Coercive …

5 Cheapest Microfinance Banks in India

The microfinance sector has expanded rapidly over the years, narrowing the gap between financial inclusion and formal banking. Nevertheless, the industry had recently faced challenges too. The increase in bad loans, over-leveraging, and economic shocks …

Karnataka HC dismisses petition against microfinance ordinance

Dismissing the petition filed by the Karnataka Hire Purchase Association, Justice M Nagaprasanna observed that the thread of reasonableness runs through the object of the law. Last Updated : 17 March 2025, 22:37 IST

HC nixes challenge to microfinance ordinance

New microfinance liquidity fund set to lower interest rates

Microfinance in Jordan: Challenges and opportunities for emerging entrepreneurs

Small and medium-sized businesses (SMEs) are important for the Jordanian economy, helping to create jobs and encourage innovation. However, financing is a major challenge for entrepreneurs. These businesses make up about 95% of all businesses in the …

Essential consumer rights every South African should know in microfinance

As South Africa marks World Consumer Rights Day on 15 March and Human Rights Day on 21 March, it’s a perfect time to take a closer look at the rights that safeguard consumers in the microfinance industry. The National Credit Act (NCA) of 2005 stands as a …

Microfinance institution Satin Creditcare raises $100M social loan

Microfinance institution Satin Creditcare Network Limited (SCNL) has raised its first syndicated social term loan of $100 million via external commercial borrowing under the automatic route of the Reserve Bank of India. The loan was arranged by Standard …

Microfinance needs structural reforms

By Jagriti Bhattacharyya Microfinance has been the darling of international development and viewed as a tool for poverty alleviation for long. Pioneered by Nobel-Prize-winning Bangladeshi economist Muhammad Yunus in 1976, microfinance began with lending …

Global Microfinance Market Poised for Growth, Projected to Expand at 10.8% CAGR Through 2030

Global Microfinance Market Poised for Growth, Projected to Expand at 10.8% CAGR Through 2030 NEW CASTLE, DE, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- Microfinance is a type of financial service provided to people looking to lend money …