'Maharashtra is virtually in a debt trap.' IMAGE: Then Maharashtra chief minister Eknath Shinde showers flower petals on women during the launch of the second phase of the Mukhyamantri Majhi......
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......
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......
Kerala Chief Minister Oomen Chandy on Wednesday said his government would go by the verdict of the Supreme Court on the wealth of Sri Padmanabha Swamy temple in Thiruvananthapuram. "We want to......
The government has released the draft Micro Financial Sector (Development and Regulation) Bill, 2011, which seeks to make it mandatory for all microfinance institutions to be registered with the......
In a bid to cater to the agriculture sector in a better way, National Bank for Agriculture and Rural Developmentplans to set up a micro finance institutionas a joint venture with banks and other......
Finance Minister P Chidambaram said on Tuesday the proposed Bill on micro-finance institutions will provide adequate legislative framework for development and regulation of the sector.The Micro......
Micro financing has become an attractive proposition for private banks as it helps them inch closer to the stipulated priority sector lending target and fetches high returns ranging between 8 per......
The Reserve Bank of India has expressed concern at the uneven growth of micro finance institutions across the country and the diverse rates of interest being charged of their members. While......