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Modi runs into protests at WEF

Branding Gujarat Chief Minister Narendra Modi as a 'killer', social activists and members of some NGOs led by Nafisa Ali on Monday staged a demonstration in a five-star hotel where Modi was to......

Want to be an entrepreneur? Don't miss this!

Vijay Mahajan, chairman, Basix, a company involved in microfinancing and providing and sustaining rural livelihoods, spoke about various stages of an enterprise and different evolutionary stages of......

Bank hopefuls stare down road fraught with cost, risks

Companies looking to set up India's first new banks in nearly a decade have a long and costly road ahead of them.While corporate heavyweights from the Tata, Birla and Bajaj groups to Anil Ambani's......

Corporate India sets ball rolling for banking play

A day after the Reserve Bank of India (RBI) issued the draft norms for new banking licences, a host of companies started the ground work for their banking play.While companies like Religare and......

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......

Banks choke flow of funds to MFIs

In a fresh blow to microfinance institutions, banks are refusing to lend them even a sanctioned line of credit, following recent controversies over opaque corporate governance and usurious interest......
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  Web results for Basix
We Are Wasting Money In The Name Of Budgetary Allocation

Social entrepreneur and CEO, Basix, Vijay Mahajan has worked in the social sector, particularly at the micro enterprise level for decades and feels... ...

http://www.outlookindia.com/article/We-Are-Wasting-Money-In-The-Name-Of-Budgetary-Allocation/293630
MFIs are pathways to decent work

In India, the spate of suicides in 2010 by women in Andhra Pradesh may have hurt the reputation of microfinance institutions (MFIs), but a new... ...

http://www.thehindubusinessline.com/news/ilo-study-mfis-are-pathways-to-decent-work/article6909533.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Microlenders, telcos may emerge as banks to serve the poor

There were too many takers to wear the hat of a tiny banker when the deadline to apply for small finance and payments banks licences expired at the... ...

http://www.firstpost.com/business/banking-revolution-microlenders-telcos-emerge-banks-serve-poor-2080447.html
Jan Dhan Yojana has helped poor, but financial inclusion still far off

(Left to right) Vishwavir Ahuja, MD and CEO of RBL Bank; Romesh Sobti, MD and CEO of IndusInd Bank; Vikram Akula, chairperson of Vaya Finserve;... ...

http://www.livemint.com/Industry/1V0R25b3olaggNGoGpRCZK/Jan-Dhan-Yojana-has-helped-poor-but-financial-inclusion-sti.html
Bharti Airtel unit eyes payments bank licence

On Thursday, shares of Kotak Mahindra Bank lost 1.59% to Rs. 1,330.05, while shares of Bharti Airtel rose 0.37% to Rs. 375.15. Photo: Mint... ...

http://www.livemint.com/Companies/1lQNDLRiE2CQvMHSILayUJ/Kotak-Mahindra-to-acquire-199-stake-in-Airtel-M-Commerce.html

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