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Expert panel wants CAG to pre-audit defence deals

An expert committee has recommended to Defence Minister Manohar Parrikar that defence purchases need not be blocked even if bribery charges emerge. Nitin A Gokhale reports for Defence......

How PM Modi keeps babus on tight leash

New Delhi bureaucrats, accustomed to leisurely lunches, golf in the afternoon and long weekends, have been shaken out of their somnolence, say authors. Fear and suspicion hang heavy over the......

President Pranab's address to Parliament: The transcript

President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political,......

How small banks will boost financial literacy

While most microfinance institutions (MFIs) with foreign equity holding are confident of reducing it to 40 per cent in the next 18 months as asked by the Reserve Bank of India, Ratna Vishwanathan......

Bandhan gets fresh equity, awaits RBI's final licence

Micro finance institution (MFI) Bandhan has got fresh equity infusion of Rs 1,020 crore (Rs 10.20 billion)) with GIC Sovereign Fund of Singapore becoming a new shareholder. "We have received Rs......

Funding the unfunded: India helps small business borrow to grow

Only 4 per cent of 57.7 million small business units in India have access to institutional finance, leaving many to rely on informal lenders A new bank announced in the annual Budget last week......

Bandhan appoints Deloitte as management consultant

Leading micro finance institution Bandhan Financial Services, which has obtained banking licence from the Reserve Bank in April, on Wednesday appointed Deloitte as its management consultant.......

Not eyeing tie-ups to start Bandhan Bank: Ghosh

Bandhan Financial Services, the first microfinance institution in the country to win a bank licence, is not looking for any tie-ups as of now, saying it has adequate capital to start banking......
  Web results for Micro Finance Institutions
Reduces interest rate by one per cent to 19.75%

SKS Microfinance, the only listed micro finance institution in the country, has reduced the interest rate charged to borrowers by one per cent to... ...
DSMM Submits Memorandum on the Special Sitting of Parliament

Thefollowingis the memorandum sent to Venkaiah Naidu,ministerfor parliamentary affairs and Rajnath Singh, minister for home, Government of India on... ...
Mitsubishi Electric Opens Transportation-systems Factory for Rolling Stock Equipment in India

asia |Successful funding round to boost Welspun Renewables Green Energy Business Read more asia |Ultrahigh voltage power transformers to... ...
SS Mundra, Deputy Governor, RBI

Releasing the India Micro, Small and Medium Enterprise Report 2015 by Institute of Small Enterprise and Development at an event organized by World... ...
Sensex Ends Higher On GST Hopes; Metal Stocks Surge

Home ยป Business Benchmark indices ended the day higher on hopes that the GST Bill would be passed in the Winter session of Parliament.... ...

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