Hela July 26, 2019

The eastern region, led by West Bengal, appears to be driving the growth of microfinance in India. Small loans expanded 7-19 per cent faster than the broader industry average in West Bengal, Bihar, Odisha, and Assam between FY16 and FY19, SIDBI-Equifax data showed. These four states account for about 40 per cent of the total MFI loan book. The portfolio stood […]

Hela February 15, 2019

Tata Trusts Chairman Ratan Tata and Assam`s Finance Minister Himanta Biswa Sarma on Sunday launched the first 28 branches of the North East Small Finance Bank (NESFB), the region`s first small bank. “If India has to grow as a prosperous place, we need to create opportunities and entrepreneurship,” Tata said at the function here. The […]

Hela February 12, 2019

There EDMC budget announced on January 22, 2019 has proposed constructing new schools in 10 localities(HT File / Representative Photo ) The cash-strapped East Delhi Municipal Corporation (EDMC) has decided to scrap proposals to impose new taxes in the financial year 2019-20. To cope with losses, then EDMC commissioner Puneet Goel had in December proposed three new […]