New Delhi emerges as most competitive city in India – City Competitiveness Report

Mumbai dropped in ranking from 1st place in 2009 to 3rd place in 2010, overtaken by Chennai as per the India City Competitiveness Report 2010, released by the Institute for Competitiveness. Ahmedabad and Pune emerge as the most competitive tier-2 cities in India. While Ahmedabad performs very well in the administrative sub-index indicating good governance, … Continue reading “New Delhi emerges as most competitive city in India – City Competitiveness Report”

Take part in the Microfinance Banana Skins Survey 2011!

The Banana Skins Survey 2011 edition has been launched and is aimed at senior executives in the microfinance and banking industry all over the world. The survey seeks to identify the issues faced by top level management in the microfinance industry. The Banana Skins survey aims to identify the main risks facing the industry over … Continue reading “Take part in the Microfinance Banana Skins Survey 2011!”

Muthoot Group in advanced talks to buyout large MFI based in North India

The Muthoot Pappachan Group (MPG) – A diversified financial services conglomerate headquartered in Kerala with interests in finance, hospitality, IT infrastructure, automotive and alternate energy, is said to be in advanced talks to buy out a North India based Microfinance Institution. A source familiar with the deal has informed us that Mr Thomas Muthoot, Executive … Continue reading “Muthoot Group in advanced talks to buyout large MFI based in North India”

Bazaari Microfinance initiates AIDS Awareness week in Rajasthan

On the occasion of the World AIDS Day (1st Dec. 2010) , Bazaari Finance in co-ordination with the Jodhpur Network of Positive People (JNP+) initiated AIDS Awareness Week (1st to 7 th December) in one of its branch, with the objective of creating awareness about AIDS among its loan clients. During this week Bazaari Finance … Continue reading “Bazaari Microfinance initiates AIDS Awareness week in Rajasthan”

Grameen Leaks ?

Phil Mader of Governance Across Borders blogs about the recent release of secret documents of Grameen Bank. And now this: Grameen Leaks ?? By Phil Mader In the past few weeks, I’ve been silent here about the microfinance crisis events in India. But why not let others do the talking ? This blog published (what … Continue reading “Grameen Leaks ?”

Microfinance in India – Al Jazeera Special Video Report

Al Jazeera an international news network headquartered in Doha, Qatar has telecast a special report on Microfinance in India with a focus on the operations of MFI’s in Andhra Pradesh. The video report starts out with the reporter interviewing borrowers in Andhra Pradesh, asking them if they have been subject to harassment from loan recover … Continue reading “Microfinance in India – Al Jazeera Special Video Report”

Grameen Bank’s Response to Recent Press Reports about Professor Yunus

Given below is the press release issued by Grameen Bank in response to the various news reports that have appeared over the past few days. We are sorry that many friends and well-wishers of Professor Yunus and Grameen Bank around the world were subject to mental agony because of the inaccurate and misleading news report … Continue reading “Grameen Bank’s Response to Recent Press Reports about Professor Yunus”