Credit is a powerful tool if it is used effectively and is made available to the creditworthy among the economically active poor ~ people with the ability to use loans and the willingness to repay them. But it has to be bundled with services such as training to maximise impact on livelihoods.
A host of bank unions have given a call for strike on March 15-16.
Ten central trade unions -- INTUC, AITUC, HMS, CITU, AIUTUC, AICCTU, UTUC, TUCC, LPF and SEWA -- have also called for a nationwide general strike on January 8 and 9 against what they call "anti-people" policies of the Centre.
In September, the government had announced the merger of state-owned Vijaya Bank and Dena Bank with the larger peer Bank of Baroda.
The Union cabinet had earlier this week approved revision of the project outlay from Rs 800 crore to Rs 1,435 crore
Communications Minister Manoj Sinha on Monday said 26 banking and non-banking companies have shown interest to collaborate with India Post…
