Loan Recovery News - Latest Updates & Headlines
Vijay Mallya moves Karnataka HC seeking loan recovery details, banks issued notice
Bengaluru, Feb 5: Fugitive liquor baron Vijay Mallya approached the Karnataka High Court on Wednesday seeking direction to banks to provide details of the total amount recovered against loans obtained by him, United Breweries Holdings Limited (UBHL, now in liquidation).
Ordinance to end torture of the poor by microfinance companies: DK Shivakumar
Bengaluru, February 3: Karnataka Deputy Chief Minister DK Shivakumar on Monday said that the government has planned an ordinance to stop the exploitation of the poor by microfinance companies in the name of loan recovery.
Microfinance menace: K'taka CM says govt committed to protecting interest of borrowers
Bengaluru, Jan 25: Karnataka Chief Minister Siddaramaiah on Saturday held a high-level meeting on the issues faced by the public due to microfinance institutions.