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Peace Nobel for Bangladesh's micro-credit pioneer

The Nobel Peace Prize for 2006 was awarded to Muhammad Yunus, the 66-year-old Bangladeshi behind the Grameen Movement micro-banking system that has helped millions in his homeland, it was announced......

India matters more than ever: Hillary Clinton

On January 20, 2009, the next president will take the oath of office and face unprecedented challenges starting on day one. Our economy is faltering. Our health care system is in crisis. And our......

The scientist who runs the world's most cost-efficient microfinance firm

Dr Tara Thiagarajan is the chairperson and managing director of the Rs 200-crore (Rs 2 billion) Madura Micro Finance Ltd. She is also the director of Microcredit Foundation of India. MMFL works......

Nobel laureate Yunus stashed away $100 million?

Bangladeshi Nobel laureate Muhammad Yunus has been accused of stashing some $100 million originally for microcredit operations of his Grameen Bank to his another venture in 1996, breaching......

Lessons from recession and the road ahead

Looking inward, innovating for the Indian market, and IT-led innovation to make possible no-frills accounts and microfinance loans will be key elements of the medium-term strategy for corporate......

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......

Microcredit: A billion bootstraps

Microenterprises are small-scale versions of the same types of businesses found in developed countries. Twenty hens and a coop constructed from scrap material become a poultry enterprise. A produce......
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Swiss prosecutors file charges against alleged Tamil Tiger fundraisers

A man holds a placard during a demonstration in protest against Sri Lanka's military offensives in territories held by Tamil Tigers, in Geneva in... ...

http://in.reuters.com/article/srilanka-ltte-funds-idINKCN1001YA
Funds illegally diverted, says VACB

SNDP Yogam's local office-bearers violated loan disbursal norms, falsified documents : The Sree Narayana Dharma Paripalana Yogam (SNDP)... ...

http://www.thehindu.com/news/cities/Thiruvananthapuram/funds-illegally-diverted-says-vacb/article8868381.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Strengthening Côte dIvoire's financial sector to ensure sustainable growth

Financial services in Côte dIvoire: Banks set aside in favour of mobile money Côte dIvoire has been enjoying an economic upturn since the... ...

http://www.tralac.org/news/article/10094-strengthening-cote-d-ivoire-s-financial-sector-to-ensure-sustainable-growth.html
IDFC Bank buys Trichy MFI Grama Vidiyal, eyes more

IDFC Bank that started operations last year has acquired Tamil Nadu-based microfinance institution (MFI) Grama Vidiyal Micro Finance for an... ...

http://www.mydigitalfc.com/companies/idfc-bank-buys-trichy-mfi-grama-vidiyal-eyes-more-621
Mobikwik aims 5X rise in GMV in 2 years

NEW DELHI: Mobile wallet player Mobikwik aims to generate a gross merchandise value of $2 billion, on the back of reaching 150 million users in... ...

http://economictimes.indiatimes.com/industry/telecom/mobikwik-aims-5x-rise-in-gmv-in-2-years/articleshow/53166285.cms

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