GCI is also in advanced discussions with two institutional investors to provide additional equity capital to the debt vehicle.

The purpose of the investment is purely altruistic in nature to meet social objectives and not for any personal gain.

The foundation’s financial guarantee may prompt reluctant banks to extend loans.

Many CEOs have walked out of glass-panelled office towers in well-lit cities and hit the dusty roads leading to villages that still have no...

Grameen Capital has a total capital base of Rs 5 crore and intends to offer fee-based investment banking (I-banking) services to microfinan...