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Micro credit boss Muhammad Yunus may need to curb anathema to profit

Bangladesh's new interim government head Muhammad Yunus, now Chief Adviser, stresses ethical business practices and social entrepreneurship while addressing Bangladesh's economic revival

Muhammad Yunus, Yunus
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An undated photo of Nobel Laureate Professor Muhammad Yunus. (Photo: PTI)

Subhomoy Bhattacharjee New Delhi
Prof. Muhammad Yunus is often credited with developing the "Yunus Social Business model." The key theme of his model is a clampdown on what he calls "selfish pursuits of profits." He has made these comments often, including in discussions with business chambers in India.

Another notable aspect of Yunus, who is the Chief Adviser to the interim government, is his ability to listen. From Chandrashekar Ghosh, former CEO and MD of Kolkata-headquartered Bandhan Bank, to Gyan Mohan, former IDBI Bank MD and now CEO of a microfinance company based in Patna, "listening is something Yunus does a