With the reality of coalition politics staring the BJP in its face, this was inevitable, points out Ramesh Menon. IMAGE: Finance Minister Nirmala Sitharaman leaves for Parliament to present the......
'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 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 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......
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......
'We need to be far more careful given the fact that while this is group lending, it's essentially unsecured.' Illustration: Dominic Xavier/Rediff.com Microfinance institutions (MFIs) have become......
The World Bank has approved loans totalling $1.75 billion (about Rs 13,834.54 crore) to fund India's PM Ayushman Bharat scheme and private investment to boost the economic growth.......
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......
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......
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......