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Mysuru's Evening Daily · Since 1978
Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
Home/News/Governor approves Ordinance to curb micr…
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Governor approves Ordinance to curb microfinance excesses

Bengaluru: Karnataka Governor Thaawarchand Gehlot has approved the Karnataka Micro Loan and Small Loan (Prevention of Coercive Actions) Ordinance, 2025, after receiving clarifications from the State Government. The Ordinance, aimed at regulating…

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Published February 13, 2025 · 2 min read
governor approves ordinance to

Bengaluru: Karnataka Governor Thaawarchand Gehlot has approved the Karnataka Micro Loan and Small Loan (Prevention of Coercive Actions) Ordinance, 2025, after receiving clarifications from the State Government.

The Ordinance, aimed at regulating microfinance operations and preventing coercive loan recovery practices, was signed on Wednesday.

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