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LICENSED MONEYLENDING
Film funding deals now come wrapped in fine printFilm studios are now acting more like moneylenders than co-producers. They are imposing tougher terms in film deals. This shift comes as ma...
How a Rs 1.75 crore loan turned into Rs 147 crore debt and cost a family its own Rs 14 crore homeA Singapore man borrowed S$250,000. High interest rates caused the debt to surge to S$21 million. He sold his home to the lender's director...
Mandi-linked financing lifts price realisation, stabilises farmer incomes: Sandeep Sabharwal, SLCMMandi-based financing mechanisms enhance price realisation by giving farmers the flexibility to sell when prices are favourable, says Sande...
CredRight raises Rs 78 crore from Michael and Susan Dell Foundation, Blacksoil and YourNest among othersCredRight, which focuses on financial inclusion by providing much-needed institutional debt capital to MSMEs in Tier 3 and 4 towns, will ut...
Eye on polls, Maharashtra cabinet clears 37 plansAs many as 1,000 people from 19 districts in Vidarbha, Marathwada and south Maharashtra will be given 50% subsidy to buy country chicken.
MP tribals not to repay loans to moneylenders under new lawCriminal case to be filed against unlicensed moneylenders who intimidate tribals for money
RupeeCircle reaches out to deserving communities with affordable credit productsThe target community here are the daily wage earners working in Rubber Estates and cashew factories, and farmers.
Indians are lapping up loans. So why are P2P lenders missing out on the action?P2P lending enables individuals to borrow and lend money through online platforms that match lenders with borrowers, and was expected to di...
Plan to decongest North Bengaluru hit as traders stay putProposal to partially shift the Yeshwanthpur APMC yard suffers thanks to a trader lobby with political muscle.
ET 500: Poll vault in reform pathPM Modi is likely to be in campaign mode till the 2019 polls, but there is only one way for reforms — forward.
State's waiver won't cover 'small' loans of 17.5 lakh Maharashtra farmersThere are nearly 17.5 lakh small and marginal farmers in the state who have taken loans of nearly Rs 2,150 crore in the last two years from...
2014 saw return of BJP-Sena regime in Maharashtra after 15 yearsDevendra Fadnavis was on October 31 sworn in as chief minister of the state where BJP formed its government for the first time without an a...
Banking focus to be on priority sector: Shriram CapitalDisclosing his plan to enter the banking arena as its mainstay, Shriram Capital Chairman said the proposed lender's book will be devoted to...
Implement changes in financial services sectorExciting proposals to overhaul the financial services sector are on the table - implement them.
- Constitutional validity of micro finance bill
At the outset, it is worthwhile noting some factual statements in RBI reports in regard to micro finance activities.
- Goodbye, microfinance
Microfinance has been a boon for the rural poor but is slated to disappear, with the coming advance of formal finance.
- The Local Touch: Financial inclusion in Pudhuaaru, Thanjavur
Banks have failed to provide that kind of access. According to the RBI, 292 of 626 districts were underbanked.
- 'Creating competition the only solution for financial inclusion’
KC Chakrabarty, Deputy Governor of RBI, talks about regulation of the microfinance sector and on universalising financial services.
- Indian bank helps sex workers save
Armed with deposit envelopes and a pen, Akkatai doesn't even cast a passing glance at the men looking for sex in the red light district of ...
- Broadening finance access
The committee on financial sector reforms has proposed four key measures to further financial inclusion that merit serious consideration.