Microfinance India Links Digest 10th May 2010

Bandhan slashes lending rate to 19.1% – Economic Times

What is Wrong With Indian Microfinance – Prof M.S Sriram in Forbes India.The industry hailed itself as the saviour of the poor. But it is now stuck in its own web. An insider’s perspective on how it got itself into this mess

Micro-finance institutions: Pay more for less hassle – Business Standard

Bank of Baroda to expand to 6000 villages by using Banking Correspondent Model

Sreelatha Menon: When communities own MFIs – Business Standard

MFIs need to introspect more – The Economic Times

A Microfinance IPO in India – Bloomberg Businessweek

MNCs in Rural India: At a Turning Point – Knowledge@Wharton

What MNCs Do Right and Wrong in Rural India – Wall Street Journal

Rural Calling: Can Nokia Sustain Its First-mover Advantage ? – Wall Street Journal

Micro-finance, a success story in India – Hindu Business Line

MicroATMs will soon take banking to poor with help from the UIDAI(Aadhar) – Deccan Herald

RBI working on 3-year financial inclusion plan – Financial Express

The Reserve Bank of India (RBI) today announced a 100 per cent increase in the ceiling on collateral-free loans to micro and small enterprises (MSEs) to Rs10 lakh from the existing Rs5 lakh – Domain-B

Citigroup ventures Into Small-Business Lending in USA

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