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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,......

'We are emerging as a superpower bhagwan bharose'

'Politics is turning into gift politics. You are distributing computers, mobiles, tablets while not focusing on production that could provide jobs so that people can sustain themselves...' 'This......

Why India needs to fine-tune its ties with Nepal

The increasingly loud and belligerent assertion of Beijing's claims in South China has become a matter of strategic concern for many nations for diverse reasons. It comes at a time when nations......

President's address to the Parliament

Following is the trascriptof President Pratibha Patil's address to the joint sittingof Parliament on Thursday.Honourable Members, I convey my good wishes to you and to all our people. On behalf of......

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......

MFIs can't charge more than 26% interest: RBI

The Reserve Bank of India has capped interest rates charged by micro finance institutions from small borrowers at 26 per cent, but opened for MFIs the bank credit line which was curtailed following......

Lessons for micro-finance from 2010

The year 2010 was a tumultuous one for micro-finance institutions (MFIs) in India. It began with the highly successful SKS Microfinance public issue, which prompted other prominent MFIs to announce......

MFIs plan action against YES Bank's loan recall

Micro-finance institutions (MFIs) are planning to take legal action against YES Bank's move to recall a part of its loans to them. However, they intended to first write to the bank to withdraw its......

Cibil in pact with MFIs to set up credit bureau

Credit Information Bureau India Limited has entered into an agreement with 31 leading micro finance institutions to set up a credit information bureau for MFIs.These MFIs are part of the Micro......
  Web results for Micro Finance Institutions Network
How the Reserve Bank is redrawing India's banking landscape

Verma has an account in State Bank of India, or SBI, in Mumbai, but his family in the village doesn't. So, he often transfers money to someone else... ...
In banking, more innovation will come out of India

MintAsia's first global banking conclave took place in Singapore on 2 October. The consensus seemed to be that despite the challenges it poses,... ...
With banking foray, micro finance institutions to dilute foreign ownership

Forced to comply with RBI rules, they may look at IPO route to restructure shareholding Representational Image Micro finance companies,... ...
IDFC Bank to rely on technology over branches for retail operations

Having made excess provisions for its infra assets, executive vice-chairman and managing director Rajiv Lall expressed confidence of clocking a... ...
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... ...

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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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