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…
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)…
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…
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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…