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Indian government to offer life insurance with new bank accounts through financial inclusion scheme
The government will shortly announce the life insurance cover to be provided to the new bank accounts being opened under the Prime Minister's Jan Dhan Yojana, a top finance ministry official said today.
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Microfinance Struggling to find its feet in Middle East
Microfinance has blossomed in recent years, helping fill a funding need for businesses too tiny and risky for traditional banks. Curiously perhaps, while microfinance has been a big hit across parts of Asia and South America, its start in the Middle East and North Africa hasn’t been as auspicious.
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- Region
- North Africa & Near East
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PRESS RELEASE: TriLinc Global Impact Fund Makes Impact Investments in Kenya, South Africa and Argentina
TriLinc Global Impact Fund announced today that it has approved a total of $9.9 million in trade finance facilities to a Kenyan, a South African and an Argentine company, bringing total financing commitments as of September 29, 2014 to $38.1 million for business expansion and socioeconomic development through its holdings in Latin America, Africa and Southeast Asia
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Green Divestment Movement Still in Its Infancy Despite Rockefeller Coup
In announcing last week that it would purge its portfolio of fossil fuel investments, the Rockefeller Brothers Fund did more than make a financial decision; it joined a movement.
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- impact investing
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Crowdfunding Becomes Global Phenomenon
Crowdfunding itself is going viral around the globe. It seems that everywhere you look, crowdfunding is popping up in a big way. This is top of mind for me as I jump on a plane to Moscow to deliver a keynote address at CrowdMap ’14.
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- crowdfunding, microfinance
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Financial Inclusion: Ecobank, MasterCard Enter New Card Deal
Sequel to a multi-country licensing agreement made between MasterCard and Ecobank in January, both institutions have signed another deal that will see the use of MasterCard prepaid, debit and credit cards at Ecobank’s Automated Teller Machines (ATMs) and Point of Sale (PoS) terminals in 28 African countries.
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- Sub-Saharan Africa
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OPINION: Are the RBI and Indian government headed for a face-off?
The Modi government has ignored warning signals raised by the Reserve Bank of India (RBI) about the way the Jan Dhan Yojana financial inclusion scheme is being implemented.
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- South Asia
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India’s cooperative banks emerge from technological dark ages
The National Informatics Centre cooperative core banking solutions aims to address some of the concerns of financial inclusion in rural areas.
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- Uncategorized
- Region
- South Asia
