Word: rounding
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...deals were completed in India. Repayment rates remain very high, 97% or 98% in many places. That results from good, old-fashioned credit methodology - you know a household's capacity to repay. That's the kind of old-fashioned banking that some people feel was absent in this latest round of banking disasters. At the same time, we are seeing many microfinance institutions (MFIs) scaling back expansion plans and, in some cases, raising interest rates as a result of the credit-spread increase and the rising cost of borrowing. Certainly, no one is taking their existing funding relationships for granted...
...described the next image, without missing a beat. Such was the nature of The B.S. Contest—with B.S. standing for “business speaking”—sponsored by the Business School’s Public Speaking Club. The club hosted the final round of the event, with a format based on an improv game, for the first time yesterday. Over 40 people auditioned in the preliminary round, but only eight made it through to compete in the finals. Each of the contestants had seven minutes to present seven slides, some with ridiculous pictures...
Ideally, Saturday would have been the day that the Harvard men’s soccer team celebrated a victory in the third round of the NCAA Tournament and began its preparations for No. 1 University of Wake Forest in the quarterfinals.But No. 8 University of South Florida had other ideas for the Crimson, ending Harvard’s season last Tuesday in the second round.There was still some good news to come out of Saturday, however, as junior forward Andre Akpan was named as a semi-finalist for the Hermann Trophy, the most prestigious individual award in men?...
...prevailing mood suggests that both parties may be on slippery ground in a country frayed by the ravages of terrorism. The slogan for NDTV's round-the-clock coverage declares "Enough Is Enough," and many see that message as extending to politicians. When controversial BJP leader Narendra Modi offered monetary compensation to all the families of security personnel killed in action in Mumbai, he was firmly rebuffed by the wife of the city's slain antiterrorism chief Hemant Karkare. When the state of Kerala's Chief Minister, a member of the Communist Party, went to pay his respects...
...Crimson attack. His ability to create opportunities for his teammates, hold the ball up, and his knack for finishing make him as complete a striker as Harvard has ever had. The Grand Prairie, Texas native finished this year with 10 goals and 26 points, helping Harvard to the second round of the NCAA tournament. In the first round, Akpan scored the double-overtime golden goal winner against the University of Massachusetts. This season also saw Akpan set the Crimson’s all-time career points and assists records. Both marks fell on Nov. 8 in a 6-1 demolition...