'If 99.99 per cent of these micro borrowers are good at repaying their loans, why can't we look at the SMEs and MSMEs and replicate the same model for them with our stringent risk management system,' Chandra Shekhar Ghosh, chairman and managing director of India's newest private sector bank, tells Prasanna D Zore/Rediff.com.
As the country erupts over the CAA and NRC, all I can do is think of Daya Ram from Pakistan in Jodhpur and Tehmina from Afghanistan in Delhi, says Geetanjali Krishna.
RBI's draft guidelines on computation of base rate, if implemented in its current form, will significantly impact the profitability of banks.
US SEC order says that Cadbury India paid an agent a total of USD 90,666 (Rs 61.70 lakh) for "providing consultation, arrange statutory/government prescribed formats of applications to be filed for various statutory clearances, documentation, preparation of files and the submission of the same with government authorities," for specific licences.
The officer can ask a few unrelated questions to know your real interests and objectives.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Against estimates of black wealth of Rs 300 lakh crore and black money in cash of Rs 3 lakh crore by economist Arun Kumar, the PMGKY numbers fall short by a huge margin.
In an online chat with readers, Amit Chaudhary from Sarkari Jobs answered queries on how to crack the SSC Combined Graduate Level exam.
The Tibetan nation still lives under the yoke of the Chinese Communist Party, and Beijing today has a guilty conscience; this creates a great uneasiness for Xi Jinping and his colleagues observes Claude Arpi.
It is suggested that you get your SIM locked with which the wallet account is mapped.
Kavitha Kuruganti has been fighting for decades to ensure farmers are respected and get their due from the Indian nation. In order to ensure they don't struggle for a living, she works to ensure sustainable farm livelihoods and farmers' rights.
'The Modi government has been taking credit for improvement in respect of the ease of doing business in India.' 'But when I look at the scams I cannot help feeling that it is too easy to do business with banks in India, if one is a Harshad Mehta, Vijay Mallya or Nirav Modi and their tribe,' says former Union home secretary Madhav Godbole.
'Brand Kejriwal-AAP have a long way to go even if they win another Delhi election...'
'It is a force nobody can ignore, not even Mr Modi, because it will keep punching above its weight,' notes Shekhar Gupta.
Airbus recently bagged large orders from Indian airlines such as Indigo and Go Air.
Vande Mataram means praising the mother, the vice president further said while referring to the people who are seeking to define nationalism.
The Ola Money and Uber tie-ups demonstrate how insurance companies, including even government-run ones, are forging partnerships with every possible service company to offer products.
The deceased -- two couples and four children -- were part of a group of 15 people travelling from Kerala to Pokhara, a popular mountainous tourist destination. They have been identified as Praveen Krishnan Nair, Saranya Sasi, Sreebhadra Praveen, Aarcha Praveen, Abhinav Saranya Nair, Ranjith Kumar Adatholath Punathil, Indu Lakshmi Peethambaran Ragalatha and Vyshnav Ranjith.
Barring stray incidents of violence like stone pelting, the shutdown called by the MVA allies Shiv Sena, the Congress and the Nationalist Congress Party was largely peaceful.
Action against auditors, last of the 276 recommendations of a JPC probing Ketan Parekh scam, is still pending.
Rajat Gupta, 70, the first Indian managing director of McKinsey and who of 17 months in US prison for insider trading, gets ready to tell his side of the story. And he is less than complimentary about Preet Bharara, then the famous crusading US attorney for the Southern District of New York. "The jury, the press and the public saw only... a 'cropped picture', he says. For someone whose life story was a model of the Great American Dream - an Indian of modest means who rose to the highest circles of politics and business, mingling with the White House and Davos crowd - his indictment in 2012 marked a stunning fall from grace. Many ascribed it to the hubris of the rich and powerful, says Kanika Datta.
Alex Morgan reminisces about how she dribbled her way to global stardom - and talks about what will come after the final whistle.
If GDP growth in Q2FY18 remains below 7%, the outlook for Samvat 2074 would remain uncertain at best, says Nitin Desai.
The whole project smacks of cronyism and corruption
Last year, Nikhil Kamath and his brother Nithin jettisoned into a club of the country's 100 wealthiest with their net worth pegged at around Rs 24,000 crore
'Mrinalini Sarabhai was gracious, well-read, liberal, very secular, and very well informed,' recalls film historian S Theodore Baskaran of the celebrated dancer who passed into the ages last week.
Sensex in green, JSW climbs higher.
The RBI cited lower-than-expected inflation, weak crude prices and weak demand, as well as the government's commitment to sticking to a fiscal deficit target as reasons.
'James Crabtree ignores the emergence of a nexus between business and politics going back to the 1920s and talks of it as a new child of 21st century India,' says Shivanand Kanavi.
Markets crashed due to domestic worries; bluechip stocks tanked too.
On the employment front, services employment was unchanged in April.
With a sole mandate of inflation targeting, RBI wears many hats.
Sensex falls at close; metals, banks perform well.
Raghuram Rajan said the head of the central bank should have a fixed tenure of more than three years as the current term was too short.
Traveller and trekker Amit Tyagi writes about the hidden gems of Kashmir. You won't regret including them in your next itinerary.
The problem is with the broking model and what brokers are allowed to do, notes Debashis Basu.
'This is not Ahmedabad Gymkhana but people's house'
These incredible photos show some of the spectacular scenes captured by photographers as part of the annual Landscape Photographer of the Year competition. Photographers from across the United Kingdom submitted images from wildlife to stormy waves, as well as cityscapes and 'winter wonderland' style scenes. The overall winner of the 2020 competition, whose photo stands in pride of place on the first page of the book, was Chris Frost, whose early-morning shot of Woolland Woods in Dorset shows a blanket of mist rolling over a bank of white wild garlic.
The latest updates from the Telugu film industry.
Ambassador Venu Rajamony, who served as press secretary to President Pranab Mukherjee during his tenure, salutes the statesman and political legend, who passed into the ages on Monday.
Ponzi schemes have characteristics that the informed investor can spot easily.
