Book-keeping time MFIs have faced complaints of putting undue pressure on borrowers
At a micro-finance institution for village women
Bandhan’s founder Chandra Shekhar Ghosh
Loan melee Villagers at an MFI meet
Union Finance Minister P Chidambaram with Lise Grande, UN Resident Coordinator and UNDP Resident Representative in India, and Chairman, CII Taskforce on Financial Services, M V Na...
Vested interests A microfinance meeting on the outskirts of Hyderabad
Reshma Chavan, 43
She owns a shirt-making factory in Mumbai and is entirely dependent on seasonal wholesale orders. Her inability to repay her loan from the MFI has le...
Big Reach: Akula at a village SKS covers
“We are in a tight squeeze and don’t know how to repay the money. Some of us have sold the buffaloes to repay the loan.” Naresh Chand (left, foreground) Jeevana village, M...
“Both banks and microfinance people want a shop address before they sanction a loan. How do I get that?” Kanu Das, Calcutta
Kanu Das, 35, a garment hawker in Cal...
“Banks make you feel really small...the attitude is you will run off with the money and never pay back.” Ripan Sarkar, Siliguri
When Sarkar thought of starting his...
“The constant hounding and abusive language are getting too much. I sometimes feel death alone will offer me respite from this hellish loan cycle.” Bouthu Swarnalatha, Waran...
Leading stock exchange BSE today opened its regional investor service centre in Shimla as part of its efforts to expand it
Calling Urjit Patel a "competent economist", Finance Minister Arun Jaitley today expressed hope that as the next RBI Gover
Finance Minister Arun Jaitley today parried questions on the government re-stating the UPA decision that permitted FDI in
Taking a skeptical view of Micro Units Development Refinance Agency (MUDRA) Yojana launched by Centre to support farming a
India's first International Financial Services Centre (IFSC) at GIFT City near here became operational today and Finance
Prime Minister Narendra Modi today spoke of the importance of packaging, branding and advertising for small enterprises so
To 'fund the unfunded' self- employed as well as small businesses, Prime Minister Narendra Modi today launched the
The Rs 20,000-crore MUDRA Yojana, launched by Prime Minister Narendra Modi today to fund the "unfunded" with mi
The government today said that Micro Units Development and Refinance Agency (MUDRA) Bank to be set up with a capita
West Bengal Chief Minister Mamata Banerjee today launched a Micro Business Credit Card, which will give a boost to MSME se
