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'I do not know any Anna Hazare, have no comments on him'

Almost nine months after their first open letter, the group of 14 eminent Indians on October 3 dashed off a second open letter to the government. Apart from being more elaborate than the previous......

He is the new face of global terror

A former Egyptian military officer turned Al Qaeda terrorist has been chosen to head Osama bin Laden's terror network temporarily until the slain leader's successor is officially named. Saif......

Just laws not enough to curb corruption: Arundhati

Author-turned-activist Arundhati Roy on Friday spoke at a convention against corruption organised by Coalition of Democratic Movements in New Delhi. Here's the full text of her speech: We are......

Video: Fire rages in Bandra East slum

A smouldering fire engulfed the slum enclave of Behrampada in Bandra East abutting the Bandra railway station in suburban Mumbai.Read the rest of the report hereVideo: Abhishek...

'Our party won't disappear from WB and Kerala'

The West Bengal assembly election will be historical whichever way the results come. If the ruling party, made of coalition of Left parties, loses it will be the end of longest running,......

MFIs need social MF

The recent recommendations of the Malegam Committee have drawn attention from all quarters.Treating criticism and praise alike, the committee's chairman, Yezdi H Malegam, 77, a Board member of the......

Malegam panel caps MFI interest at 24%

The Malegam Committee, set up by Reserve Bank of India on Wednesday recommended a 24-per cent interest rate cap on microfinance loans to individuals. It also suggested creating a new category of......

Choksi, Sen at Deloitte helm

Accountancy and consultancy outfit Deloitte Haskins and Sells has informed that its co-chairmen NV Iyer and Y H Malegam will retire on March 31.Following their retirement Dileep Choksi and Udayan......

Rajan went against majority opinion of advisors on policy rate

The Reserve Bank of India (RBI) Governor Raghuram Rajan speaks during a news conference in Mumbai. Photograph: Danish Siddiqui/Reuters Reserve Bank Governor Raghuram Rajan kept the policy rate......

Modi must act fast on cleaning up the financial sector mess

India is probably the only country where jewellers to manufacturing companies to builders can pick up money from the public without coming under any regulation, notes Debashis Basu. Image:......

Meet your hosts for Oscar 2011

Get your low down on what's happening in the world of Hollywood, right here! James Franco and Anne Hathaway will be co-hosting the 83rd Academy Awards, according to the organisers.   As per......

Sexy necklines this summer

Ever been a slave for fashion? Especially Bollywood fashion? Well, here is a trend that might just catch on. The trend in question is funky necklines which these celebs them carry off with......

Selectors asked me to retire after WC: Chanderpaul

Senior West Indies batsman Shivnarine Chanderpaul has alleged that the national selectors had asked him to retire after the World Cup and was dropped from the squad for the ongoing home series......

Cup Camera: Aus extend WC winning streak

Australia skipper Ricky Ponting described his team's 91-run win over Zimbabwe in their World Cup opener as a 'solid' performance. - Scorecard Images "It was not a spectacular performance,......

Images: Hockey World Cup, day 1

Formidable Spain started their hockey World Cup campaign on a perfect note, outclassing South Africa 4-2 in the inaugural match of the quadrennial event at the Major Dhyan Chand National......
  Web results for Malegam
RBI Central Board meets in Goa to review economic situation, domestic challenges

The article below represents a preview only and is not meant for reuse or republishing. Business & Finance KNN (Knowledge & News Network) Online... ...

http://www.htsyndication.com/htsportal/article/RBI-Central-Board-meets-in-Goa-to-review-economic-situation%2C-domestic-challenges/7160158
MFI rules need more thought; else, they can go wrong

The microfinance industry has witnessed many changes since the 2010 crisis. Recently, the Reserve Bank of India (RBI) eased some lending norms for... ...

http://www.livemint.com/Money/PsVX632fp2ofAq6a4mjg1N/MFI-rules-need-more-thought-else-they-can-go-wrong.html
Rajan went against opinion of advisors on policy rate

Pic Courtesy: - Mumbai: Reserve Bank Governor Raghuram Rajan kept the policy rate unchanged earlier this month, despite a majority of seven... ...

http://zeenews.india.com/business/news/finance/rbi-rate-cut-rajan-went-against-opinion-of-advisors-on-policy-rate_124873.html
Some Macro Changes For Microfinance

The usurious moneylender was well-known, even in colonial times. The ryot cannot cultivate without borrowing because his crop goes largely to the... ...

http://www.outlookindia.com/article/some-macro-changes-for-microfinance/294127
MFI lending cap raised to Rs 1 lakh

Calcutta, April 7: The RBI today raised the cap on lending by microfinance institutions (MFIs) to individual borrowers from Rs 50,000 to Rs 1 lakh.... ...

http://www.telegraphindia.com/1150408/jsp/business/story_13334.jsp

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