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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......

More microfinance IPOs in the offing

 It was merely a coincidence that the year after C K Prahalad's bestseller, The Fortune at the Bottom of the Pyramid: Eradicating Poverty through Profits (2004), that Vikram Akula returned to SKS......

RBI raises doubts on microcredit

 A liquidity crunch has hit several microfinance institutions with the flow of funds 'temporarily' drying up after the largest MFI lender, ICICI Bank, halted payments in early January following......

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