[Shashi Tharoor] The crisis of private microfinance industry in India
ViewpointsMar 10, 2011
NEW DELHI ― The recent ouster of the Nobel Prize-winning Bangladeshi economist Mohammed Yunus as managing director of the Grameen Bank, which blazed a trail for microfinance in developing countries, has thrown a spotlight on the crisis engulfing a business that was once seen as a harbinger of hope for millions.Yunus’s tussle with the government of Bangladesh, which had tried to retire him on groun