micro credit

Bangladesh forms panel on Grameen Bank


May 16th, 2012 - 10:40 pm ICT by IANS
Dhaka, May 16 (IANS) The Bangladeshi government Wednesday set up a commission to ensure a better fate for its famous Grameen Bank following its founder Mohammad Yunus's removal from the ... Read more...

Posted in World |

Bangladesh banker favours micro-finance regulation


May 9th, 2012 - 12:21 am ICT by IANS
Kolkata, May 8 (IANS) Bangladesh Bank Governor Atiur Rahman Tuesday emphasised the need for strong regulation for monitoring micro-finance institutions."We are striving to maintain the right balance of ensuring that ... Read more...

Posted in South Asia |

Don’t seek exclusive rights to Sri Lanka, India told


March 1st, 2012 - 11:50 am ICT by IANS
New Delhi, March 1 (IANS) India should not feel uncomfortable with Chinese presence in Sri Lanka as there is "plenty of room for both", said a Sri Lankan MP and ... Read more...

Posted in World |

EU’s foreign aid chief visits Myanmar


February 12th, 2012 - 8:00 pm ICT by IANS
Yangon, Feb 12 (IANS) European Union Development Commissioner Andris Piedalgs arrived here Sunday on a three-day visit to monitor latest developmental works in the country.The visit is significant as it ... Read more...

Posted in World |

The year of social activism in India (2011 in Retrospect)


December 18th, 2011 - 4:24 pm ICT by IANS
New Delhi, Dec 18 (IANS) With Anna Hazare stealing much of the media limelight, social activists this year mounted a determined offensive over issues ranging from corruption and black ... Read more...

Posted in Health Science |

‘Kerala poverty alleviation movement without parallel’


October 23rd, 2011 - 6:51 pm ICT by IANS
Thiruvananthapuram, Oct 23 (IANS) Kudumbashree, a Kerala government initiative for poverty reduction that has become one of the largest women's movements in Asia, is a model that has no parallel, ... Read more...

Posted in Business |

Bill for revamping India Post soon: Sibal


October 20th, 2011 - 10:25 pm ICT by IANS
New Delhi, Oct 20 (IANS) A bill for revamping the postal department, which includes opening up some segments to private players, will be introduced in parliament soon, Communications and IT ... Read more...

Posted in Business |

Punjab National Bank eyes fresh venture in Nepal: Report


September 29th, 2011 - 4:38 pm ICT by IANS
Kathmandu, Sep 29 (IANS) Almost two decades after it entered the banking sector in neighbouring Nepal by opening a joint venture bank with 20 percent equity, India's Punjab National Bank ... Read more...

Posted in Business |

Farming, business top US global agenda for women: Envoy


July 22nd, 2011 - 5:16 pm ICT by IANS
New Delhi, July 22 (IANS) The US is helping women in developing countries like India to become self-reliant in agriculture and small businesses by promoting education, health and providing easy ... Read more...

Posted in Uncategorized |

World views Jayalalithaa as a leader: Clinton


July 21st, 2011 - 11:14 pm ICT by IANS
Chennai, July 21 (IANS) US Secretary of State Hillary Clinton has hailed Tamil Nadu Chief Minister J. Jayalalithaa as a "wonderful woman who is viewed as a leader around the ... Read more...

Posted in Uncategorized |

Indian microfinance not sustainable: Bangladeshi practitioners


June 30th, 2011 - 1:39 pm ICT by IANS
Hyderabad, June 30 (IANS) India's microfinance model is not sustainable due to its overdependence on the government, the huge subsidy given by the state and the lack of a regulatory ... Read more...

Posted in Business |

Brazilian economist new chief of UN food agency


June 27th, 2011 - 12:43 am ICT by IANS
Rome, June 26 (IANS) Former Brazilian food security minister Jose Graziano da Silva was elected Sunday as the new director general of the UN Food and Agriculture Organization (FAO), Xinhua ... Read more...

Posted in World |

Yunus quits as Grameen Bank managing director (Lead)


May 13th, 2011 - 11:41 am ICT by IANS
Dhaka, May 13 (IANS) Nobel Laureate Muhammad Yunus resigned as managing director of Grameen Bank, the micro-credit network he pioneered, expressing the hope that it would retain its "independence and ... Read more...

Posted in World |

Bangladesh’s Grameen bank chief Yunus steps down


May 13th, 2011 - 7:11 am ICT by IANS
Dhaka, May 13 (IANS) Bangladeshi Nobel laureate Muhammad Yunus stepped down as the Grameen Bank Managing Director Thursday night, Xinhua reported."I am today (Thursday) relinquishing the post of Managing Director ... Read more...

Posted in Business |

Yunus remains Grameen Bank chief despite court verdicts


May 7th, 2011 - 5:11 pm ICT by IANS
Dhaka, May 7 (IANS) Nobel laureate Muhammad Yunus is still the chief of Grameen Bank and will continue to be so until the bank's board of directors appoints a new ... Read more...

Posted in World |

Grameen Bank urgently needs a regulator: probe report


April 27th, 2011 - 12:06 pm ICT by IANS
Dhaka, April 27 (IANS) A committee appointed by the Bangladesh government to probe the working of the Grameen Bank has accused the micro-credit agency run by Nobel laureate Muhammad Yunus ... Read more...

Posted in Business |

Government probe clears Yunus on handling of foreign funds


April 26th, 2011 - 12:35 pm ICT by IANS
Dhaka, April 26 (IANS) A government-appointed committee has said it did not find "any irregularities" in Grameen Bank founder Muhammad Yunus' handling of funds that were received from the Norwegian ... Read more...

Posted in Uncategorized |

Talks on for compromise with Grameen’s Yunus


March 25th, 2011 - 1:56 pm ICT by IANS
Dhaka, March 25 (IANS) The Bangladesh government is holding talks to reach a compromise with Grameen Bank founder Muhammad Yunus, Finance Minister A.M.A. Muhith has said."Various proposals have to be ... Read more...

Posted in Politics |

US asks Bangladesh to compromise with Yunus


March 20th, 2011 - 3:46 pm ICT by IANS
Dhaka, March 20 (IANS) A top US official has asked Bangladesh Prime Minister Sheikh Hasina to compromise on the removal of Muhammad Yunus from the Grameen Bank, saying his ... Read more...

Posted in World |

Grameen Yunus’s petition hearing put off for two weeks


March 15th, 2011 - 2:24 pm ICT by IANS
Dhaka, March 15 (IANS) The Bangladesh Supreme Court Tuesday adjourned for two weeks a hearing against a high court verdict upholding the removal of Nobel Laureate Muhammad Yunus as managing ... Read more...

Posted in Uncategorized |

Yunus moves apex court against removal from Grameen Bank


March 9th, 2011 - 3:09 pm ICT by IANS
Dhaka, March 9 (IANS) Bangladeshi Nobel Laureate Muhammad Yunus Wednesday filed a petition in the Supreme Court to seek a stay on the high court judgment upholding his dismissal as ... Read more...

Posted in Politics |

Bangladesh set to resume Yunus court hearing


March 7th, 2011 - 12:44 pm ICT by ANI
London, Mar 7 (ANI): Bangladesh's High Court is set to resume its hearing to ascertain whether Nobel peace laureate and micro credit pioneer Muhammad Yunus was sacked illegally or not.His supporters ... Read more...

Posted in World |

Dhaka court hears petition challenging Yunus’ ouster


March 6th, 2011 - 11:41 pm ICT by IANS
Dhaka, March 6 (IANS) The Dhaka High Court will Monday continue the hearing on a petition of Nobel laureate Muhammad Yunus challenging his ouster by the government as managing ... Read more...

Posted in Politics |

US puts on hold Bangladesh ties over Yunus harassment


February 28th, 2011 - 2:04 pm ICT by IANS
Dhaka, Feb 28 (IANS) The US officials have told Bangladesh Prime Minister Sheikh Hasina that "there will be no further high-level diplomatic interaction" until the "harassment" of Grameen Bank founder Muhammad ... Read more...

Posted in World |

Father of micro finance Mohommad Yunus asked to quit Grameen Bank


February 22nd, 2011 - 1:04 pm ICT by ANI
Dhaka, Feb.22 (ANI): Nobel peace laureate and micro credit pioneer Muhammad Yunus is facing calls to quit as Grameen Bank Managing Director.His supporters believe that the attempt to remove the 70-year old ... Read more...

Posted in World |

Bangladesh Govt. asks Muhammad Yunus to give up Grameen Bank post


February 16th, 2011 - 3:46 pm ICT by ANI
London, Feb 16 (ANI): The Bangladeshi government has asked Nobel peace laureate and micro credit pioneer Muhammad Yunus to retire as he has reached the normal retirement age for executives at private ... Read more...

Posted in World |

Dhaka asks Grameen Bank chief to step down, Yunus refuses


February 15th, 2011 - 8:28 pm ICT by IANS
Dhaka, Feb 15 (IANS) The Bangladesh government has asked Muhammad Yunus to "step aside" as the chief of Grameen Bank pending completion of a probe into the micro credit pioneer and its ... Read more...

Posted in Business |

CARE India winds up tsunami relief programmes


January 25th, 2011 - 10:07 pm ICT by IANS
Chennai, Jan 25 (IANS) Non-governmental organisation (NGO) CARE India Tuesday formally wound up its three phased tsunami relief, rehabilitation and reconstruction programme for the victims of the 2004 calamity. The organisation has ... Read more...

Posted in Environment |

Bangladesh govt.announces probe into Grameen Bank over diversion of aid money


January 13th, 2011 - 6:54 pm ICT by ANI
Dhaka, Jan 13(ANI): The Bangladesh government has ordered an investigation into claims that Bangladeshi micro-credit pioneer Grameen Bank's Muhammad Yunus had wrongly diverted 100 million dollars of Norwegian aid money.Professor A.K.M. Monowaruddin ... Read more...

Posted in World |

Bangladesh to probe Grameen ‘irregularities’


December 23rd, 2010 - 7:38 pm ICT by IANS
Dhaka, Dec 23 (IANS) The Bangladesh government Thursday said it will probe allegations of financial irregularities against Muhammad Yunus' Grameen Bank. Finance Minister A.M.A. Muhith said a committee would soon be ... Read more...

Posted in Business |

Micro finance helping poor in rural Assam


December 20th, 2010 - 5:29 pm ICT by ANI
Dispur, Dec.20 (ANI): A micro credit scheme is helping people in the rural and interior areas of Assam to reshape their socio-economic conditions by empowering them.Srimoni Das is an economically independent ... Read more...

Posted in Feature |

Norway gives all-clear to Bangladesh-based Grameen Bank


December 9th, 2010 - 3:14 pm ICT by ANI
London, Dec 9(ANI): Norway has reportedly said that there are "no more unanswered questions" into claims that Bangladeshi micro-credit pioneer Grameen Bank's Muhammad Yunus had wrongly diverted millions of dollars of aid ... Read more...

Posted in World |

Malaysian minister pledges help for ethnic Indians


December 8th, 2010 - 10:25 pm ICT by IANS
Kuala Lumpur, Dec 8 (IANS) Malaysian will initiate a slew of measures, including access to micro-credit facilities and skills training, to improve the economic condition of its 2.1 million ethnic Indians, a ... Read more...

Posted in Business |

Bangladesh Grameen Bank denies diverting millions of aid money to other projects


December 4th, 2010 - 1:11 pm ICT by ANI
Dhaka, Dec 4 (ANI): Bangladeshi micro-credit pioneer Grameen Bank's Muhammad Yunus has described allegations of diverting millions of dollars of aid money from the bank, as "total fabrication and baseless."The BBC quoted ... Read more...

Posted in World |

‘Grameen’ Yunus refutes $100 mn anomalies charge


December 3rd, 2010 - 3:31 pm ICT by IANS
Dhaka, Dec 3 (IANS) Bangladeshi Nobel Laureate Muhammad Yunus has refuted a charge that he had transferred $100 million aid meant for his micro-credit bank Grameen to other projects.The bank's founder told ... Read more...

Posted in Business |

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