Latest Microfinance companies News & Updates

Bengaluru, Feb 7 (IANS) Karnataka Chief Minister Siddaramaiah has stated that the state government aims to increase chit fund transactions to Rs 10,000 crore in the coming years from the current Rs 500 crore of business. He was speaking on Saturday after releasing the new MSIL Chits software and mobile app, organised by Mysore Sales International Limited, owned by the state government.In Kerala, transactions in this sector amount to Rs 47,000 crore. In Karnataka, only Rs 500 crore of business is…

Patna, Dec 23 (IANS) After the mass suicide in Bihar’s Muzaffarpur, the Criminal Investigation Department (CID), which took over the charge of the case, visited the crime scene on Tuesday. The horrifying incident occurred in Mishraulia village under Rupanpatti Mathurapur Panchayat, falling within the Sakra police station area of Muzaffarpur district on December 14, when four members of a family allegedly committed suicide inside their house.A special CID team led by DIG Jayant Kant arrived at …