'GDP alone can't determine growth'

Illustration: Uttam Ghosh/Rediff.com   Dr Bajrang Lal Gupta is a senior Rashtriya Swayamsevak Sangh functionary who brainstorms over economic policy-making in the RSS. Dr Gupta, who has a......

Banks turn cautious on lending to smaller microfinance players

Commercial banks have turned cautious in lending to smaller microfinance institutions (MFIs), which has compelled the latter to borrow from non-banking financial companies (NBFCs) at much higher......