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Andhra Pradesh Micro Finance Institutions

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'Modi government is on its way to greatness'

'Let us not say that Modi has not delivered on anything; he has delivered something and in parts substantially, but he has to also deliver on a large number of his electoral promises.' M R......

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,......

Andhra governor meets Sonia in Delhi

Andhra Pradesh Governor ESL Narasimhan met Congress president Sonia Gandhi on Friday evening to reportedly discuss the administrative and political situation in the state. The two discussed the......

'Awareness the biggest concern for healthcare'

World Health Day is just round the corner. On this occasion renowned cardiac surgeon and Chairman of Narayana Hrudayalaya Dr. Devi Prasad Shetty spoke to rediff.com's Vicky Nanjappa and said that......

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......

When will EC ban loan waiver poll promises?

Every political party loves to use the bait of loan waiver to woo the electorate.If their hearts bleed for the poor, they can always use the party funds to pay off the lenders, suggests Tamal......

'Fresh start', a big challenge facing the microfinance industry

The origin of the challenge is the so-called 'fresh start' process.Many in the MFI industry apprehend that such a law in India will encourage small unsecured borrowers to default and destroy the......

Vikram Akula is back where he belongs

In 2012, Akula quit as chairman of Bharat Financial Inclusion (formerly SKS Microfinance), which he’d founded and led to a successful initial public offering Hyderabad-based Vaya Finserv is......

A 'billionloans' for small businesses

Ayan Pramanik reports on former Infosys CFO V Balakrishnan’s fintech firm, which aims to make borrowing easy for small firms and individuals. Illustration: Uttam Ghosh/Rediff.com Former......

Bank NPAs are just the tip of the iceberg

With losses being reported in the current quarter and the next, the rating of many PSU banks will go below the radar and if a downgrade happens, they will find it difficult to raise resources plus......

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