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Watch | Who is Muhammad Yunus?

Watch | Who is Muhammad Yunus?

The Hindu
Wednesday, January 31, 2024 8:02 AM GMT

Muhammad Yunus, the Bangladeshi Nobel laureate, pioneered the concept of microfinance with Grameen Bank, which he set up in 1983

He is known as the “banker to the poor”.

But over 40 years on, Yunus is in the news, for all the wrong reasons.

On January 28th, 2024, Yunus was granted bail in a labour law violation case related to his Grameen Telecom, a non-profit organisation

Also Read | Bangladesh’s Yunus vows to help poor despite legal woes

Aside from the numerous legal cases against him, he has also experienced scathing attacks from his country’s long-time Prime Minister, who has accused him of “sucking blood” from the poor.

How did someone who was credited for lifting millions out of poverty, invite this accusation?

Also Read | Muhammad Yunus | Pioneer of microfinance

Read full story on The Hindu
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