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Ujjivan Microfinance raises Rs. 128 Cr ($25M) in 5th round of equity funding

Bangalore-based Ujjivan Financial Services, one of India’s major microfinance institutions, has raised Rs 127.9 Crore ($25.5 Million) in its fifth round of equity funding, with two new Foreign Institutional Investors…

Nabard’s pension scheme for rural poor going strong: minister

National Bank for Agriculture and Rural Development (NABARD) has reported that in the Self Help Group (SHG)-Bank Linkage Programmes for Rural Poor household, the saving portion of the groups can…

Grameen Foundation, USAID to provide $1.5 mln credit guarantee to Peru cooperative

Grameen Foundation and the U.S. Agency for International Development (USAID) said they will jointly provide a $1.5 million credit guarantee to the Peruvian cooperative Cooperativa de Ahorro y Credito (ABACO)…

Muhammad Yunus looses final appeal to retain Grameen Bank post

Muhammad Yunus looses final appeal to retain Grameen Bank post

Nobel laureaute and Bangladesh’s Grameen Bank founder Muhammad Yunus lost a final appeal in the Supreme court on Thursday against his dismissal from the bank. Yunus, who was the bank’s…

Japan Earthquake Relief – Liveblog Text

Please see the Liveblog on the leftside bar.…

Yunus exit from Grameen Bank upheld by high court

Yunus exit from Grameen Bank upheld by high court

Bangladesh Nobel laureate Mohammad Yunus has been shown the exit of Grameen Bank not on moral grounds but on archaic rules of  retirement set for banks. The High Court upheld…

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