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Mudra Bank is more politics and less economics

Even if Mudra steps in to play its main role of refinancing at some stage, the responsibility for the bad loans remains with the banks, notes Debashis Basu. About a month ago, Business......

Bandhan is reborn as a bank

For India’s leading MFI-turned bank, the challenge is to stay competitive while pricing its loans While launching Kolkata-based Bandhan Financial Services' full-fledged commercial banking......

Third of banks' MFI loans go into restructuring

Almost a third of loans that banks have given to microfinance institutions have been admitted for restructuring.This follows the inability of MFIs to repay.The Corporate Debt Restructuring cell has......

More microfinance IPOs in the offing

It was merely a coincidence that the year after C K Prahalad's bestseller, The Fortune at the Bottom of the Pyramid: Eradicating Poverty through Profits (2004), that Vikram Akula returned to SKS......

Microfinance bodies: India tops Forbes list

After billionaires and household names like Ambanis and Mittals, it is the turn of little-known microfinance institutions from India to hit the pages of famed magazine Forbes, which has named seven......
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Mudra Bank - politics over economics?

s we all know, the Mudra Bank, an acronym of Micro Units Development and Refinance Agency Bank, was launched on April 8 this year to give loans to... ...
The life, death and resurrection of Indian microfinance

After giving licences to 11 payments banks in August, the Reserve Bank of India (RBI) on 16 September announced a fresh set of 10 licences—this... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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