'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.
Eight personnel of the 21 Para Regiment, which had undertaken a daring operation just inside Myanmar territory following the Manipur ambush, were among 67 for whom President Pranab Mukherjee on Friday approved Gallantry awards.
For the first time, Akhilesh is leading the SP almost single-handed into a major election, but he is not the only one running the show Shikha Shalini reports.
Senior freedom fighter, social worker and former Union Minister Dr Mohan Dharia passed away on Monday morning. He was 88. Dharia was a close associate of former Prime Minister Chandrashekhar and was among the Young Turks of the Congress during the late 60s.
He announced his 24-hour fast in a letter to President Ram Nath Kovind and Vice President M Venkaiah Naidu, speaking at length about his anguish over the ruckus in the House during the passage of two farm bills on Sunday.
Bandhan Financial Services, which is to start banking operations soon, has received a combined equity commitment of Rs 1,600 crore (Rs 16 billion) from International Finance Corp (IFC) and GIC, Singapore's sovereign wealth fund.
Police on Thursday registered a case of murder into the deaths of two teenage girls whose bodies were found in a field in Unnao even as a post-mortem revealed no injury marks.
We have a government with an extremely weak economic team advising a PM who hardly pays attention to their thoughts, says Jayanta Roy.
'The BJP may well be his ultimate destination.' 'In the process, he has probably shot himself in the foot.' 'It is unlikely that either Scindia or Pilot will be anything other than a No 3 or a No 4 in the Modi-Shah dispensation,' predicts Amulya Ganguli.
He said that non-ideological opportunistic coalitions always get trapped within their own contradictions.
The 76-year-old Nepali Congress president, who has served as the prime minister for a record fifth term, defeated his challenger party general secretary Gagan Kumar Thapa by 39 votes, officials said.
The microfinance vertical of the bank will provide loans of Rs 80,000 to Rs 1,00,000.
What connects P S Jayakumar of Bank of Baroda, V Vaidyanathan of Capital First Ltd and Chandra Shekhar Ghosh of Bandhan?
Tyagi is possibly the first Delhi University VC to face suspension. University officials said such an action had not been taken against any VC in at least three decades.
As we enjoy his thrilling The Night Manager series, Deepa Gahlot looks at 10 Anil Kapoor films on OTT that shows off his versatility and star power.
'I reached Bhopal the day after the gas tragedy; the smell was still in the air. It was a professional hazard but I was not scared.'
'Badle ki bhavna (revengeful politics) was never seen in Maharashtra and Indian politics, but now we are witnessing all that today.'
Gokul wrote letters to the couple under the name of archbishop suggesting that they opt for a divorce, police said.
The Sikhs, especially in Punjab, are already angry and frustrated, cautions Shekhar Gupta.
'I came for my national service. I am the son of people like Gandhiji, Nehru, Patel, Dr Ambedkar and Maulana Azad.'
The Indian Army on Monday celebrated the Infantry Day, marking the landing of first batch of troops in Kashmir 67 years back to push back Pakistani troops, with Prime Minister Narendra Modi paying tributes to the martyrs who dedicated their lives to protect unity of the country.
What do Rekha, Sunny Leone and Tiger Shroff have in common?
Bandhan financial Services will raise funds via internal accruals.
In this event, it is the IAF that showed true professionalism, telling the boss they weren't going to fly in that weather. You can see what professionalism and moral courage it takes to say no to your prime minister. Only things like that can keep him safe, observes Shekhar Gupta.
Other Indian-origin personalities on the list are Instacart founder and CEO Apoorva Mehta, doctor and Executive Director of nonprofit Get Us PPE Shikha Gupta and founder of nonprofit Upsolve Rohan Pavuluri.
She was cremated on the banks of the Alaknanda at Shrinagar around 6.30 pm in the presence of commissioner, Garhwal, Sushil Kumar and Pauri district magistrate Vijay Kumar Jogdande.
The Indian contingent, comprising under-20 boys and girls archers, were scheduled to leave for the United States on Friday for the June 8-14 event in Yankton, South Dakota, but the US embassy granted visas to only seven archers, two coaches and a Sports Authority of India official while rejecting 20, thereby putting serious doubts over India's participation in the event.
The two entities' combined distribution network would comprise 4,182 banking outlets and 476 ATMs across 34 states and Union territories of India, with more than 31,000 employees serving about 15 million customers across the country.
Trying to guess Subramanian Swamy's motives or next step has been a rather difficult exercise for decades, says Archis Mohan
There are three things you never do in a small North East state: Undermine local leaders, divide and rule, push homogenisation, asserts Shekhar Gupta.
On a cloudy Monday this month, Mohammed Irshad flew from Kochi to Gurugram to attend an exclusive investor networking event. Among a handful of founders selected for the event, Irshad was to pitch his peer-to-peer learning start-up Notespaedia for funding in front of top venture capital investors such as AngelBay, Elevation Capital, and Inflection Point Ventures. He failed to woo them, but the feisty entrepreneur was determined to continue his hunt.
Race for Asia's No. 1 MFI spot: Bandhan now closes in on Grameen Bank
Congress MP Ghulam Nabi Azad during his retirement speech in Rajya Sabha on Tuesday summed up his more than four-decade-old political career in few Urdu couplets and a brief speech.
The additional director general of police (security), however, said in an order on Friday that the security personnel were 'being withdrawn on a purely temporary basis in connection with an emergent law and order duty'.
The central bank tweaked the retail inflation range to 4.8-4.9 per cent in the first half of 2018-19, and 4.7 per cent in the second half.
Tamal Bandyopadhyay discusses his latest book Bandhan: The Making of a Bank at Bandhan headquarters in Kolkata.
The BJP expelled Vinod Arya and his son from the party, a day after the leader's another son was arrested in the murder case of a woman receptionist at a resort in Uttarakhand's Pauri.
The Union minister said this is not a time for India to test an anarchic kind of combination when it is on the growth path.
Bharatiya Kisan Union (BKU) supporters stayed put on the Delhi-Meerut Expressway on Friday as the crowd swelled there, notwithstanding the Ghaziabad administration's ultimatum to vacate the UP Gate protest site where security force in large numbers was re-deployed.
The bank will have around 501 branches.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances