At a time when the government and regulators are emphasizing inclusion and increase in credit delivery to those without access to formal sources of finance, private sector banks are found to have low credit-deposit ratios in rural areas as compared to public sector counterparts. In a recent interaction at the state-level bankers committee (SLBC) meeting, in which Reserve Bank of India governor D Subbarao was present, bankers brought this to the...
More »SEARCH RESULT
Total Matching Records found : 1248
Plan commission pushes for Dalit empowerment by Prasad Nichenametla
As the Congress scion Rahul Gandhi campaigns in Mayawati' s bastion asking UP's downtrodden to think big, a planning commission panel has shown the UPA government how to walk the talk. A working group on welfare of the Schedule Castes (SCs) has asked the government to set up a National Bank for Inclusive Development to support businessmen from the backward sections. The move is to encourage Dalits and other weaker sections with...
More »FDI in retail: Farmers gain, but SMEs & kiranas complain by Sutanuka Ghosal & Madhvi Sally
-The Economic Times With the entry of foreign supermarket players, farmers across India's six lakh villages stand to gain from greater market access, higher profits, better technology and direct linkage with consumers. "Direct purchase from farms has hugely benefited small farmers like us who were not getting good returns by selling in the local mandi," said Abdul Majid, from Malerkotla in Punjab, who has been selling vegetables from his one-acre farm to...
More »What’s Wrong and Right with Microfinance by David Hulme and Thankom Arun
Recent events in south Asia have led to an unexpected reversal in the narrative of microfinance, long presented as a development success. Despite charges of poor treatment of clients, exaggeration of the impact on the poorest as well as the risks of credit bubbles, the sector can play a non-negligible role in reaching financial services to low-income households. In regulating the sector, there is need for caution in setting interest...
More »Dr Edgar Whitley, research coordinator of the LSE Identity Project interviewed by R Ramakumar
DR EDGAR WHITLEY is Reader in Information Systems at the Information Systems and Innovation Group in the London School of Economics and Political Science. He has a PhD in Information Systems from the LSE. His research and practical interests include global outsourcing, social aspects of IT-based change, collaborative innovation in an outsourcing context, and the business implications of cloud computing. He is also an expert in identity, privacy and security...
More »
