The Significance of Micro-finance in India | Chandra Shekhar Ghosh | TEDxJadavpurUniversity

Chandra Shekhar Ghosh explains his journey of transforming a micro-financing institution into one of India's largest banks with over 750 branches across the nation. He further stresses the importance of banking at the grassroots level in rural areas for the betterment of society.
Moved by the plight of poverty-stricken women in West Bengal villages, and seeking to empower them with loans to start small businesses, Chandra Shekhar Ghosh, 55, started a micro-finance company with a tiny capital of Rs two lakhs in 2001.
Fifteen years later, Ghosh heads the Kolkata-headquartered Bandhan Bank, the first private bank founded post-Independence in eastern India.This bank, with a whopping Rs 12,500 crore in deposit has set a record as the first micro-finance institution to receive a banking license in India.
This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at ted.com/tedx

[@sudam143able]

I salute this person .... If some one want to success in microfinance then pls go through the C.S.Ghos biography......

[@mohuanag3494]

I salute this man ... he is so dynamic

[@souravdutta9102]

I from from Tripura but sadly max people don't know about him in Tripura.

[@palashmondal1963]

I salute you. Mr c n ghosh is my inspiration person

[@lawyerraja.....7126]

It doesn't matter where u come from if u can make it big...and as long as u can believe in you....

[@vikashmodak4306]

it motivates all of us..

[@abhijitkar9842]

Great Sir 🙏

[@kumarineetu895]

Wonderful inspiration ..

[@tapashchatterjee9561]

A SIGNIFICANT INITIATIVE.......

[@harendrasingh_22]

Something I want to view full but the language barrier makes it difficult ! He should have talked in his native language and there could have been a translation available !

[@Fazlulkader]

He just basically replicated the Bangladeshi model of Microfinance in India. He should have mentioned that . UN declared 2005 as Year of Microfinance and recognized Bangladesh as the birth place of Microfinance. He was a microfinance staff of BRAC of Bangladesh, the largest NGO of Bangladesh. He also learnt the decentralized system of recruiting high school graduates from ASA of Bangladesh, which is the largest MFI in the world according to Forbes magazine in 2010. He successfully applied the experiences he gathered in Bangladesh in the Indian context , which is more or less quite similar.

[@srinidhir4977]

He did mention BRAC