He later received honorary degrees from Harvard and other universities.
Grameen's website lists 60 awards, 27 honorary degrees, and 15 other "special honours" previously received by Mr Yunus directly, and seven received by Grameen.
He is a recipient of the Franz Kafka prize, has honorary degrees from Princeton and liege, and is tipped for the Nobel prize for literature.
As a result, the honorary degrees of Indian and Sri Lankan universities are at least as good as those of London University, even compared with those of Cambridge University and Oxford University.
