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Published on Feb 15, 2025

Invitation for Public and Stakeholder Comments on the Moneylenders Bill and Microfinance Bill

The Central Bank of Samoa (CBS) is seeking the public’s input on two important draft Legislation, the Samoa Moneylenders Bill and the Samoa Microfinance Bill. These two Bills are critical pieces of legislation designed to ensure fair practices, protect …

Source: Samoa Global News - Neutral
Published on Feb 13, 2025

Fragmented regulations discouraging investments in Nigerian fintech industry – Musty Mustapha

The Managing Director of Kuda Microfinance Bank, Musty Mustapha, has said that the fragmented state of regulations in the Nigerian fintech industry is discouraging further investments and slowing down innovation. Mustapha stated this during a visit to the …

Source: Nairametrics - Neutral
Published on Feb 13, 2025

Microfinance menace: Unregistered firms to face heat in K’taka

Microfinance menace: Unregistered firms to face heat in K’taka Bengaluru: With the implementation of the Karnataka Microloan and Small Loan (Prohibition of Coercive Measures) Ordinance, 2025, the microfinancing institutions (MFIs) operating without license …

Source: Mangalorean - Uncategorized
Published on Feb 13, 2025

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 …

Source: Star of Mysore - Center-right
Published on Feb 13, 2025

Karnataka brings into force law to prevent coercive loan recoveries in microfinance sector

The Karnataka government has issued a notification to bring into force a law to regulate the microfinance sector in the state, with penal provisions such as imprisonment for up to 10 years and a fine of Rs 5 lakh for violations.The notification, bringing …

Source: The Indian Express - Center-left
Published on Feb 12, 2025

Financial Feminism: The Evolution of Microfinance and Self-Help Groups in India

Often excluded from the formal workforce, women in rural India have long borne the consequences of exclusion from financial systems. Lacking assets to their name, underserved communities consistently confront barriers that hinder their access to capital. …

Source: Harvard International Review - Center-left
Published on Feb 12, 2025

45 mins 'Those harassed will receive greater protection': Siddaramaiah on microfinance menace

Bengaluru, Feb 12 : Following Governor Thaawarchand Gehlot's approving the Ordinance promulgated to contain microfinancing institutions (MFIs), Karnataka Chief Minister Siddaramaiah stated on Wednesday that the law comes into effect with immediate …

Source: Prokerala - Label Pending
Published on Feb 13, 2025

Guv nod to ordinance to control microfinance, prevent coercion

Karnataka Governor Thaawarchand Gehlot has given his approval to 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 …

Source: Hindustan Times - Uncategorized
Published on Feb 12, 2025

Karnataka Governor Approves Ordinance Aimed To Tackle Microfinance Menace

(MENAFN- IANS) Bengaluru, Feb 12 (IANS) Karnataka Governor Thaawarchand Gehlot on Wednesday approved the ordinance promulgated by the Congress-led government to tackle the Microfinancing Institutions' (MFIs) menace.Confirming the development, the Chief …

Source: MENAFN - Uncategorized
Published on Feb 11, 2025

Karnataka govt sends microfinance ordinance to Governor Thaawarchand Gehlot again, with clarifications

The Congress government in Karnataka has sent back an ordinance to regulate the microfinance sector in the state to Governor Thaawarchand Gehlot with clarifications after he returned it last week expressing concerns.The Karnataka Micro Loan and Small Loan …

Source: The Indian Express - Center-left
Published on Feb 11, 2025

Govt sends microfinance ordinance to governor again with explanation

The Karnataka government on Monday once again submitted the microfinance ordinance to Governor Thaawarchand Gehlot, after addressing concerns raised by him earlier. The ordinance, which seeks to curb aggressive loan recovery practices, was initially sent …

Source: Hindustan Times - Uncategorized
Published on Feb 9, 2025

Public shaming practices by microfinance firms triggering a suicide crisis in Karnataka

Rising suicides in Karnataka linked to harsh recovery tactics by microfinance institutions have brought attention to aggressive methods used to recover loans. Public shaming and coercion, particularly among women self-help groups, have led to severe …

Source: The Times of India - Center-right
Published on 07:30 GMT

Manappuram Finance: Long-term potential holds despite disappointing Q3

But Manappuram is no longer just about gold. Since 2014, the company has aggressively expanded into other lending segments. Non-gold loans now make up 45% of its book—half of which comes from microfinance. That shift has created a stark disconnect between …

Source: Livemint - Neutral
Published on 07:08 GMT

'IFRS adoption to boost investor confidence, reshape Bangladesh's banking landscape'

Bangladesh's decision to implement International Financial Reporting Standard 9 (IFRS 9) by 2027 is a major step towards enhancing financial transparency, risk management, and governance, modernising the banking framework. This move is expected to …

Source: The Business Standard - Neutral
Published on 09:09 GMT

Starlink deal: Bangladesh tries to take the Musk route to U.S. good books

New Delhi: India’s eastern neighbour, Bangladesh which is now being led by interim government under Chief Adviser Professor Muhammad Yunus after the fall of Sheikh Hasina’s Awami league last year, is intensifying its efforts to engage with Tesla and the …

Source: Sunday Guardian Live - Label Pending
Published on Feb 15, 2025

Siddaramaiah instructs DCs, SPs to take steps to close all illegal MFIs

Chief Minister Siddaramaiah holding a meeting on implementing the Ordinance on microfinance institutions, in Bengaluru on Saturday. | Photo Credit: Karnataka Chief Minister Siddaramaiah on Saturday instructed Deputy Commissioners and Superintendents of …

Source: The Hindu - Center-left
Published on Feb 15, 2025

Karnataka Micro Loan and Small Loan ordinance could lead to short-term disruptions for NBFC-MFIs: Ind-Ra

The Karnataka Micro Loan and Small Loan (Prevention of Coercive Action) ordinance 2025 effective 12 February 2025 could have short-term disruptions, impact customer discipline in the near term and lead to an increase in delinquencies in the fourth quarter …

Source: The Hindu Business Line - Neutral
Published on Feb 14, 2025

How the USA is Emerging as a Global Fintech Powerhouse

The financial technology (fintech) sector is reshaping how businesses and consumers interact with financial services. The USA, with its robust tech ecosystem, access to venture capital, and supportive regulatory framework, is increasingly becoming the …

Source: Benzinga - Neutral
Published on Feb 14, 2025

Vladimir Putin signed the law on the cooling-off period for consumer loans

AK&M 14 February 2025 14:26 Russian President Vladimir Putin has signed amendments to legislation establishing a cooling-off period for consumer loans. This is reported on the Kremlin's website. According to the law, it will be possible to receive …

Source: AK&M - Label Pending

01 days 17:50:47

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Published on February 14, 2025 - 16:01 GMT

Reinsurance Market Soars: Expected to Reach $1,344.3 Billion by 2031 with a 10.8% CAGR

Reinsurance Market Soars: Expected to Reach $1,344.3 Billion by 2031 with a 10.8% CAGR NEW CASTLE, DE, UNITED STATES, February 14, 2025 /⁨EINPresswire.com⁩/ -- The global reinsurance market was valued at $498.7 billion in 2021, and is projected …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 13, 2025 - 12:07 GMT

Health Insurance Market to Reach $6.2 Trillion, Globally, by 2032 at 9.8% CAGR | Aviva, Cigna, Allianz, and Aetna Inc.

Health Insurance Market to Reach $6.2 Trillion, Globally, by 2032 at 9.8% CAGR | Aviva, Cigna, Allianz, and Aetna Inc. NEW CASTLE, DE, UNITED STATES, February 13, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, …

Distribution channels: Banking, Finance & Investment Industry, Insurance Industry ...

Published on February 12, 2025 - 12:00 GMT

VEON’s JazzCash and Mobilink Bank Shortlisted for Prestigious GLOMO Awards

Dubai and Islamabad, February 12 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON” or the “Group”), today announces that it has been shortlisted for two Global Mobile (GLOMO) Awards at the upcoming MWC 2025. JazzCash, which is Pakistan’s …

Distribution channels: Media, Advertising & PR, Telecommunications ...

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Published on February 16, 2025 - 08:00 GMT

Large attendance at Non-fiction book launch for a Global and International author

The event was labeled as the best book launched and had the most attendance ever by the participants. LINDEN HIGHWAY, REGION 4, GUYANA, February 16, 2025 /⁨EINPresswire.com⁩/ -- On a warm Saturday afternoon, many people accepted the invitation and …

Distribution channels: Banking, Finance & Investment Industry, Book Publishing Industry ...
Published on February 16, 2025 - 04:17 GMT

ReShape Lifesciences® Announces Pricing of Upsized $6.0 Million Public Offering

IRVINE, Calif., Feb. 15, 2025 (GLOBE NEWSWIRE) -- ReShape Lifesciences® (“ReShape” or the “Company”) (Nasdaq: RSLS), the premier physician-led weight loss and metabolic health solutions company, today announced the pricing of its public offering of 2,575, …

Distribution channels: Banking, Finance & Investment Industry ...
Published on February 15, 2025 - 15:16 GMT

Peter Joseph Shares Insights on Innovating Insurance Solutions with Xraised

Peter Joseph, CEO of Joseph Insurance Brokers, Discusses the Future of Insurance Solutions in Healthcare, Travel, and Small Businesses on Xraised CHINO, CA, UNITED STATES, February 15, 2025 /⁨EINPresswire.com⁩/ -- In a recent exclusive interview …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 15, 2025 - 15:04 GMT

Madhya Pradesh Tourism Board and VReal Sign MoU to Boost Virtual Heritage Tourism

Harnessing Virtual Reality to Showcase Madhya Pradesh’s Rich Cultural Heritage BHOPAL, MADHYA PRADESH, INDIA, February 15, 2025 /⁨EINPresswire.com⁩/ -- The Madhya Pradesh Tourism Board (MPTB) has signed a Memorandum of Understanding (MoU) with …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 15, 2025 - 14:00 GMT

Lonestar Transfer Celebrates 30,000 Timeshare Exits

ROYSE CITY, TX, UNITED STATES, February 15, 2025 /⁨EINPresswire.com⁩/ -- Lonestar Transfer proudly announces a major milestone—30,000 successful timeshare exits, marking a significant impact on families burdened by costly, restrictive contracts. By …

Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ...
Published on February 15, 2025 - 15:00 GMT

Get Started with BexBack: 100x Leverage, No KYC, Double Deposit Bonus and $50 Welcome Bonus

SINGAPORE, Feb. 15, 2025 (GLOBE NEWSWIRE) -- With the price of bitcoin once again trading below $100,000, many analysts believe it will enter a long period of high volatility. Holding spot positions may not continue to generate profits in the short term. …

Distribution channels: Banking, Finance & Investment Industry, Media, Advertising & PR ...
Published on February 14, 2025 - 23:20 GMT

Rootstack and Acquia host event for digital innovation leaders in Panama

During the event, attendees will be able to learn how Acquia DXP, the digital experience platform based on Drupal, allows them to optimize content management. AUSTIN, TX, UNITED STATES, February 14, 2025 /⁨EINPresswire.com⁩/ -- Rootstack, in …

Distribution channels: Banking, Finance & Investment Industry, Food & Beverage Industry ...
Published on February 14, 2025 - 23:00 GMT

Rootstack participated in DeveloperWeek 2025 with AI innovation for development teams

DeveloperWeek 2025 attracted renowned companies such as Google, Microsoft, Red Hat, IBM, and many more. AUSTIN, TX, UNITED STATES, February 14, 2025 /⁨EINPresswire.com⁩/ -- Rootstack actively participated in DeveloperWeek 2025, the world's …

Distribution channels: Banking, Finance & Investment Industry, Healthcare & Pharmaceuticals Industry ...
Published on February 14, 2025 - 22:16 GMT

Harvey Weinstein Sues Brother and Former Weinstein Company Exec David Glasser, Alleging Fraud and Financial Conspiracy

Harvey Weinstein sues Bob Weinstein & David Glasser, alleging fraud, financial conspiracy, & a plot to oust him from TWC, leaving him liable for a $45M loan NEW YORK, NY, UNITED STATES, February 14, 2025 /⁨EINPresswire.com⁩/ -- Harvey …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on February 14, 2025 - 22:06 GMT

HousingWire Names DocMagic a 2025 Tech100™ Award Winner for the 13th Straight Year

Longtime industry tech titan and digital lending trailblazer again lauded for innovations TORRANCE, CA, UNITED STATES, February 14, 2025 /⁨EINPresswire.com⁩/ -- DocMagic, Inc., the premier provider of compliant loan document generation, automated …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on February 14, 2025 - 21:35 GMT

YCRM ReachOut Technology Resumes Trading, Details Strategic AI and Blockchain Plans

CEO Rick Jordan announces return to active trading, strategic stake in blockchain company TRUSTLESS, and partnership with AI platform for Autonomous Service Yuengling's Ice Cream Corporation (OTCMKTS:YCRM) CHICAGO, IL, UNITED STATES, February 14, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 14, 2025 - 21:07 GMT

Mike Koenigs Launches One-on-One Business Advisory Sessions Over Coffee

Serial Entrepreneur Mike Koenigs launches "Strategic Coffee Sessions," to help established business owners scale operations and overcome growth challenges. SAN DIEGO, CA, UNITED STATES, February 14, 2025 /⁨EINPresswire.com⁩/ -- Mike …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 14, 2025 - 20:31 GMT

Busy Bee Jumpers Offers National Turnkey Franchise Opportunity

Trusted name in event rentals for over 25 years known for high-quality inflatables, tents and more WHITMAN, MA, UNITED STATES, February 14, 2025 /⁨EINPresswire.com⁩/ -- Busy Bee Jumpers, the premier provider of inflatable party rentals in …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 14, 2025 - 18:36 GMT

This Valentine’s Day, Young Women Fall in Love with Finance Through Invest In Girls

This Valentine’s Day, young women from Valley Vista High School are discovering a new love—finance—through Invest in Girls! PHOENIX, AZ, UNITED STATES, February 14, 2025 /⁨EINPresswire.com⁩/ -- While many are swept up in the romance of Valentine…

Distribution channels: Banking, Finance & Investment Industry, Beauty & Hair Care ...
Published on February 14, 2025 - 17:41 GMT

Debbie Kempen Announces the Release of Single Mom Millionaire

Exhaustion is not a measuring stick for success. DALLAS, TX, UNITED STATES, February 14, 2025 /⁨EINPresswire.com⁩/ -- About the Book Nonfiction Single Mom Millionaire is a powerful and inspiring guide for women looking to take control of …

Distribution channels: Banking, Finance & Investment Industry, Book Publishing Industry ...
Published on February 14, 2025 - 16:34 GMT

Blue Goat Cyber to Sponsor and Attend LSI USA ‘25 Emerging Medtech Summit

Blue Goat Cyber sponsors LSI USA ‘25, supporting MedTech innovation with expert medical device cybersecurity solutions for FDA compliance and patient safety SCOTTSDALE, AZ, UNITED STATES, February 14, 2025 /⁨EINPresswire.com⁩/ -- Blue Goat Cyber, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 14, 2025 - 16:08 GMT

State of Black Shreveport 12th Annual Symposium, Economic Summit and Awards Luncheon Culminates this Weekend

State of Black Shreveport Annual Awards Luncheon will recognize community leaders, businesses, and Shreveport sports icons SHREVEPORT, LA, UNITED STATES, February 14, 2025 /⁨EINPresswire.com⁩/ -- The State of Black Shreveport (SOBS), a community …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 14, 2025 - 16:06 GMT

Cao Botao Honored with Outstanding Film Production Innovation Award, Launches New Standards in Global Cinema

Award-winning producer Cao Botao expands global cinema with innovative U.S. projects and groundbreaking financing models LOS ANGELES, CA, UNITED STATES, February 14, 2025 /⁨EINPresswire.com⁩/ -- Film producer Cao Botao has been honored with the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 14, 2025 - 16:02 GMT

The Hard Asset Money Show with Christian Briggs Providing In-Depth Coverage of Global Economic Developments

SAN JUAN, PUERTO RICO, February 14, 2025 /⁨EINPresswire.com⁩/ -- The Hard Asset Money Show, hosted by Christian Briggs, continues to offer timely analysis of market forces and geopolitical events shaping today’s financial landscape. New episodes …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 14, 2025 - 16:01 GMT

Reinsurance Market Soars: Expected to Reach $1,344.3 Billion by 2031 with a 10.8% CAGR

Reinsurance Market Soars: Expected to Reach $1,344.3 Billion by 2031 with a 10.8% CAGR NEW CASTLE, DE, UNITED STATES, February 14, 2025 /⁨EINPresswire.com⁩/ -- The global reinsurance market was valued at $498.7 billion in 2021, and is projected …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...