It is 10 years since Bandhan Financial Services became the first microfinance institution (MFI) to receive the universal bank licence. A year later, in 2015, it started operations. Bandhan's entry into banking was seen as a vote of confidence by the Reserve Bank of India (RBI) for the country's microfinance sector. Subsequently, the RBI awarded small finance bank licences to nine MFIs.
The last time England toured India, back in early 2021, Joe Root's team went back home beaten and bruised 3-1.
Shares of real estate firms have been outperforming over the past year. The rally, analysts say, may hit roadblocks in the near term amid stretched valuations, even as the long-term prospects for the sector remain ebullient. "Most of the positive news flow is already in the price. Hence, investors sitting on hefty profits may partially cash out at current levels," suggests V K Vijayakumar, chief investment strategist at Geojit Financial Services.
Some were brilliant while in others, the performances made them a great watch.
In his monthly Mann Ki Baat radio broadcast, Modi hailed the potential of India and said the basis of its strength is the country's farmers, artisans, weavers, engineers, small entrepreneurs, the MSME sector and people from many different professions."
In August 2021, Nick Read, chief executive of Vodafone Plc at the time, did not mince his words while speaking about the India business in an earnings call. Replying to an analyst's question on Vodafone Idea, a venture with the Aditya Birla Group that had piled on huge debts and worrisome losses, Read described it as a highly stressed situation that "they (Vodafone Idea) are trying to navigate... "We, as a group, try to provide them as much practical support as we can, but I want to make it very clear, we are not putting any additional equity into India.''
'When my father travelled 5,000 miles to build a new home in Ireland, I doubt he ever dreamed that his son would one day grow up to become its leader.' Vaihayasi Pande Daniel/Rediff.com profiles Dr Leo Varadkar who will step down as Ireland's taoiseach (prime minister) next week.
'We all grew around our mom's love for cooking and obviously we took it for granted. But now, I really miss it... I miss her.'
Only if we could have a Rohit versus Ashwin clash in the semis! What a perfect fill-up it would be for the resurgence of the Ranji Trophy.
'The party is breaking stereotypes by not inviting senior leaders to become chief ministers.' 'No other party has had the guts to do this.'
'When manufacturing or even services cannot generate the kind of employment they are looking for, they prefer to be unemployed rather than under-employed.'
'Large-caps are better placed to withstand the impact of higher input cost inflation, rising rates and withdrawal of excess global liquidity.'
In the last 9 years, the BJP govt has marked some anniversaries and events with more zeal than Congress-led governments.
Djokovic backs schedule change at expanded Australian Open
Senior Bharatiya Janata Party leader and the tribal face of the party, Vishnu Deo Sai, on Wednesday took oath as the chief minister of Chhattisgarh, 10 days after the saffron party returned to power after a gap of five years by unseating Congress in the assembly elections.
Biden's win in Michigan is crucial as Sanders had clinched the victory in the state defeating Hillary Clinton four years ago.
'With one year to go, there is no clear picture of what shape the simplified Games will take. The situation with COVID-19, both domestically and internationally, is constantly changing.'
With the Congress in power in the state and the Bharatiya Janata Party (BJP) snapping at its heels, the BRS is now fighting an existential battle.
Hybrid mutual fund (MF) offers, expected to drive higher investor interest after the change in debt fund taxation, are set to end 2023 with the slowest account growth in the past three years. Investment accounts in hybrid funds are up 5.7 per cent so far in 2023 compared with 7.6 per cent in 2022 and 20 per cent in 2021, shows the data from the Association of Mutual Funds in India (Amfi). In 2020, the count had dipped 2.4 per cent.
Sardar Singh is not done yet and wants to give himself a chance till the 2020 Tokyo Olympics before deciding on his illustrious career.
England have lost to Germany in their last three knockout meetings at major tournaments
Rediff reader Heera Nawaz, 59 from Bengaluru shares her list of dreams for 2020.
Rahul's ascendancy to captaincy was expected after Ravichandran Ashwin was traded to Delhi Capitals last month.
'To tell you the truth, we did not expect Iris to make such waves, to get so much attention.'
Inundated with information and long hours of test practice, aspirants are bound to commit mistakes, notes Arun Sharma, a top CAT educator at Unacademy.
The rising goods and services tax (GST) and personal income-tax collections may bolster the Narendra Modi government's ability to announce new schemes or enhance existing ones.
The verdict in the Google versus Epic Games antitrust case in the US has spread cheer among the Indian gaming and app developers. Ending a three-year legal battle, the San Francisco jury found that Google turned its Play app store and billing service into an illegal monopoly. American video game maker Epic Games, best known for Fortnite, had sued Google in 2020.
US-based retail giant Walmart is looking to source toys, shoes and bicycles from Indian suppliers as the company is targeting to increase its exports from India to USD 10 billion annually by 2027. The company also wants to develop new suppliers in categories such as food, pharmaceuticals, consumables, health and wellness, and apparel and home textiles, a company spokesperson told PTI. Officials from the Bentonville-headquartered firm recently held a virtual meeting with several domestic toy manufacturers in India.
A sharp mind with a penchant for trying out new things, senior off-spinner Ravichandran Ashwin is relentless in his bowling approach and always tries to keep himself one step ahead of opposition batters, his long-time national team-mate Cheteshwar Pujara said.
Bitter defeat for Belgium in the World Cup semi-final is tempered by the fact that influential squad members will likely still be around in two years' time for the European Championship where they will have another realistic chance at a major title.
There is only ever one aim for India in World Cups, to win, and T20 World Cup 2022 is no different.
Chosen by schoolchildren across Japan and announced before a gymnasium of cheering pupils in Tokyo, the as yet unnamed blue character will be the mascot for the Olympics and the pink cherry blossom-inspired one for the Paralympics.
A record heatwave in July 2018 killed over a dozen people in Tokyo with monthly average temperatures transcending 30 degrees for the first time in 20 years.
Who do you think should be part of India's playing XI for the fourth Test against England?
Retail investors could be hesitant to invest in floating rate savings bonds, as these specific bonds tend to be profitable only in a rising rate environment, according to market participants. The Reserve Bank of India has allowed subscriptions for floating-rate savings bonds, 2020, via retail direct - an online portal that enables individual investors to purchase government securities.
Coaching is the toughest job: Saina Nehwal on her future
Understand the magic that SIP brings to the table for you as an investor, says Satyen Kothari. You can start by investing as little as Rs 500 per month.
Aseem Chhabra lists the best non-Hindi language films he watched in 2020, with the hope that they will have a wider reach in the new year.
Passenger vehicle wholesales in India rose to a record high in October as companies pushed dispatches to dealers to cater to the enhanced demand in the festive season. The overall passenger vehicle wholesales in October rose to 391,472 units, up 16 per cent from 336,679 units in the same month last year. Last month witnessed the highest-ever dispatches of passenger vehicles in the domestic market by Maruti Suzuki India and Mahindra & Mahindra.
With several political stalwarts of Uttar Pradesh no longer on the scene, it will be keenly watched how their children lead at the hustings this time without their formidable presence.
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