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Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 27%In the coming quarters, two things will impact earnings: High crude oil prices and a weak rupee. A rising dollar puts pressure on the margi...
Tribal man who carried sister’s skeleton to bank in Odisha was made to walk 3 km to re-bury remains, claims BJD leaderA tribal man in Keonjhar, Odisha, carried his sister's skeleton to a bank to withdraw funds. He was allegedly asked for proof of death. The...
Bank didn’t believe the account holder was dead, so this Odisha man came back with his dead sister's skeletonA bizarre incident from Odisha’s Keonjhar district has gone viral after a tribal man reportedly exhumed his deceased sister’s skeleton and ...
Adani Group buys 10% stake in CSC Grameen eStoreA 10% stake in CSC Grameen eStore will give the Adani group a seat on the board of the venture.
HDFC picks up stake in CSC Grameen e-Store, banking on rural commerceThis comes after the digital arm of the Tata Group -- Tata Digital -- had purchased a similar stake in the government-run rural e-commerce ...
Tata Digital buys stake in govt's rural e-tailer Grameen e-StoreLaunched in April this year, Grameen e-Store is available in 120,000 locations across the country. It has already clocked Rs 120 crore in t...
Government’s rural ecommerce venture touches Rs 100 cr turnover; onboards Tata Croma and HDFC BankThe Common Service Centre (CSC) eGrameen Store has also roped in big brands such as white goods retailer Tata Croma and private sector lend...
Declare Covid 19 vaccine a 'Global Common Good’ without ownershipSharing his insights with FICCI FLO (FICCI Ladies Organisation) Prof Muhammad Yunus said, “Covid 19 has given us another chance, to change ...
HDFC Bank to hold 1000 loan melasThe loan melas will serve as a platform to educate the local populace about banking services.
OPIC gives $5 million loan to Grameen Impact via IndusInd BankThe loan is to be deployed through the bank's Impact Investing division, which will support Grameen Impact's lending to local SMEs.
Investors bet on MFIs despite headwindsIFC’s investment is likely to be completed in a week’s time.
International Finance Corporation to invest Rs 135 crore in Grameen KootaIFC’s investment is likely to be completed in a week’s time, Grameen Koota Managing Director Udaya Kumar told ET.
Nobel laureate Muhammad Yunus calls for reforms in global banking sectorNobel Peace Prize winner Muhammad Yunus has called for reforms in the global banking sector to solve social problems through financially se...
Jain Irrigation in Fortune's 'Change of the World' listIndia-based micro-irrigation firm Jain Irrigation Systems is the sole company from the country named in Fortune magazine's inaugural 'Chang...
- Indian MFIs should not charge more than 20 pc int rate: Yunus
Criticising Indian micro finance companies for ignoring social service activities and overcharging, micro credit guru and Noble laureate Mu...
- Fund-starved microfin cos get $8-m Grameen Foundation lifeline
The foundation’s financial guarantee may prompt reluctant banks to extend loans.
- Nobel laureate threatens lawsuit against telecom operator
Nobel laureate Muhammad Yunus is threatening legal proceedings against Norwegian telecom operator Telenor to force it to transform their jo...
- Bangladesh's Grameen Shakti wins Green Oscar
Bangladesh's rural development bank, Grameen Shakti today bagged the coveted 'Green Energy Prize', dubbed as the Green Oscar, for its role ...
- Lessons for IT from Nano, Jet and Grameen Bank
Indian IT industry is set for the third wave in its evolution, when it develops solutions that can put it in a leadership position globally...
- Microfinance firms could avail of i-banking services
Grameen Capital has a total capital base of Rs 5 crore and intends to offer fee-based investment banking (I-banking) services to microfinan...