Accounting tech startup Atlas raises $6 million in round co-led by Accel, StellarisThe company will use the fresh funds to expand its AI platform, grow its network of partner accounting firms, and accelerate go-to-market e...
‘I was reluctant, but I am so happy today’: Actress who worked with Salman Khan, Amitabh Bachchan, almost refused award-winning filmActress Mahima Chaudhry initially hesitated to accept a cameo role in the 2003 family drama Baghban due to its brief appearance. However, h...
SC quashes copyright case against filmmaker Sujoy Ghosh over his 'Kahaani 2' filmThe Supreme Court has cancelled legal proceedings against filmmaker Sujoy Ghosh. The case involved allegations of copyright infringement re...
Election Commission reshuffles top police officials in poll-bound West BengalThe Election Commission has ordered the transfer of five IPS officers to new DIG positions in West Bengal. This move comes as the commissio...
Shrikant Tyagi arrested, says got MLA car sticker through SP Maurya"On one vehicle, he had pasted a 'vidhayak' (MLA) sticker given to MLAs. On questioning, he said this was given to him by his old political...
CBI court accepts closure report giving clean chit to former special director Rakesh Asthana in bribery caseExonerating Asthana and the Deputy Superintendent of Police (DSP) Devender Kumar of all the charges, the agency had told the court last mon...
CBI finds no involvement of Rakesh Asthana in alleged bribery caseThe FIR was registered against Asthana and others when Alok Verma was the Director CBI. Verma was unceremoniously removed by a Prime Minist...
Supreme Court orders CVC to complete probe against Alok Verma in two weeksA bench of CJI Ranjan Gogoi, S K Kaul and K M Joseph was hearing Alok Verma's plea challenging government's decision to send him on leave.
NDA demands sacking of Bihar ministers in paper leak caseLegislators of BJP and its NDA partners trooped into the well in the state Assembly as well the Legislative Council demanding resignation o...
Lalu scions' speedy climb up the RJD ladder ruffles many feathers in BiharLalu Prasad’s decision to launch Tej Pratap and Tejashwi in electoral politics has had an impact in a number of district of the state.
Micro-lenders' advances jump 46% to Rs 13,260 crore in Q3The top 10 MFIs control 80 per cent of the market -- led by Bandhan -- which saw 59 per cent surge in disbursements, followed by SKS Microf...
IFC and Singapore's GIC to buy stake in Bandhan ahead of its banking forayBandhan Financial Services is about to raise Rs 1,600 crore equity from International Finance Corporation and Singapore’s sovereign wealth ...
Microfinance firms tap non-convertible debentures for fundsMicrofinance institutions are tapping an alternate source of funds to diversify their fund basket by issuing non-convertible debentures.
- NBFC-MFIs are distinct: MFIN
"As institutions that primarily provide micro-credit to low income households, MFIs have a well defined role in the formal RBI regulated fi...
- 600 branches of micro finance companies functioning in Bihar
Microfinance institutions could contribute in a big way in rural development in Bihar if the performance of 600 branches in Bihar were any ...
- India envoy in Japan meets representatives of Indian community
The Indian Embassy in quake- hit Japan today met representatives of the 25,000-strong Indian community there to ascertain their views about...
- AP plans suicide cover, wants MFIs to foot the bill
Microfinance companies will have to compensate Rs 5 lakh to families of debt-hit borrowers who commit suicide.