The awards considered the entire value chain to identify financial service providers - banks, insurance and mutual funds - which have performed the best in their categories.

It is recognised by everyone that without proper financial products for the have-nots, no real progress on financial inclusion can take place. Chandra Shekhar Ghosh, Founder, MD & CEO, Bandhan Bank, with his deep knowledge of microfinance in India, makes suggestions ....

The most visible sign of this was that eight out of the 10 applicants to have been granted the in-principle nod by the RBI for small finance banks were microfinance institutions or MFIs.

The price of gold declined from a high of more than Rs 29,000 per 10 gm in January 2013 to Rs 25,550 per ten gm (as of December 2).

Power minister Piyush Goyal elaborated on India's ambitious plans for deployment of 175 GW Renewable Power capacities by 2022, including 100 GW of Solar and 60 GW of Wind, which may require investment of around $150 billion in the next seven years.

The invitation was extended by Minister of State for Power Piyush Goyal at the India-US Ministerial Energy Dialogue co-chaired by him and the US Energy Secretary Ernest Moniz in Washington on Monday.

The executive director of Hindustan Unilever's home care unit says offering her consumers the best possible products is her top priority.

Quick takes on major events that happened recently.

Bandhan was among the two successful candidates, the other being IDFC Ltd, which got the license from the RBI to start universal banking operations. Both the new debutants are unique in many ways.

\"This is an extraordinary Indian effort,\" Kim said at a panel discussion in Washington organised on the sidelines of the annual Spring meeting of the International Monetary Fund and the World Bank.

Muhammad Yunus, the founder of Grameen Bank, is dismissive about some recent innovations in the microfinance sector in this exclusive interview with Business Today.

MUDRA bank-to be set up with $3.2 billion of capital to help microfinancing firms to lend more - should help leverage up firms which account for 40 per cent of exports, just as the country tries to rekindle growth, lenders and entrepreneurs say.

There was much expectation from the Finance Minister in the education and academic industry from this year's Budget. If India has to achieve GDP growth of 8 per cent, then it needs a skilled, trained and educated workforce to make it possible.

The SKS Microfinance founder, who had to unceremoniously exit in 2011, is giving final touches to the application for a small finance bank for his start-up VAYA Finserv.

The latest data on agricultural households in India raises some worrying questions for Andhra Pradesh and Telangana.

2014 started with RBI introducing a mechanism for early detection of NPAs. Rajan's therapy was to act in time rather than waiting for 90 days to declare an asset as NPA.

India's banking landscape is set to change with the impending entry of many lenders. Business Today's 2014 listing of the country's best banks celebrates those who look the most ready to face the challenges.

The biggest measure among all was the RBI giving a bank license to Bandhan, India's largest microfinance institutions (MFIs).

Market experts believe weak Asian markets and fears from the Euro region kept the markets under pressure during the whole week.

There are expectations from the new government under Prime Minister Narendra Modi that bank consolidation will gather steam.