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Grameen Bank Ordinance

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Bad economics, poor decisions

Let's say you are an auto-rickshaw driver. Typically, you would not own the vehicle you drive, but instead rent it from its owner for a flat daily fee, which will range between Rs 100 and Rs 170......

Grameen Bank's proposed split sparks criticism

A Bangladeshi commission has proposed the government takeover or split the Nobel-award-winning Grameen Bank into 19 parts, sparking criticism with several analysts fearing it to be a systematic......

Yunus challenges removal from Grameen in Court

A day after he was sacked as the chief of the Grameen Bank, Nobel Laureate Professor Muhammad Yunus on Thursday challenged his removal in the High Court. "We have filed a writ petition against the......

FM proposes Rs 100 cr equity fund for MFIs

Finance Minister Pranab Mukherjee on Monday announced creation of an equity fund of Rs. 100 crore (Rs. 1 billion) for micro finance institutions, which will help the cash-strapped sector to......

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