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Banks choke flow of funds to MFIs

 In a fresh blow to microfinance institutions, banks are refusing to lend them even a sanctioned line of credit, following recent controversies over opaque corporate governance and usurious interest......

The Risk-Taker

 'An entrepreneur should always remain under pressure or he will die,' Vineet Rai tells Anjuli Bhargava.Illustration: Dominic Xavier/Rediff.com   In 2001, when the world was in the throes of......

Third of banks' MFI loans go into restructuring

 Almost a third of loans that banks have given to microfinance institutions have been admitted for restructuring.This follows the inability of MFIs to repay.The Corporate Debt Restructuring cell has......

Corporate India sets ball rolling for banking play

 A day after the Reserve Bank of India (RBI) issued the draft norms for new banking licences, a host of companies started the ground work for their banking play.While companies like Religare and......

What will Nabard do with Rs 500 cr?

 It has suddenly become fashionable to talk about "financial inclusion". After Yunus won the Nobel, and Bill Gates, Michael Dell and Pierre Omidyar (of eBay fame) funded micro-finance companies......

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