-
Smart Loan Products, Smarter Lending Approach: Kazakhstan’s Asian Credit Fund serves the country’s financially underserved, rural poor
There’s a dramatic income gap between rich and poor in Kazakhstan. Recognizing this, in recent years Asian Credit Fund (founded in 1997 by Mercy Corps) has been targeting the country’s most remote areas, adapting its products to the rural context, with a sustainable twist.
- Categories
- Uncategorized
-
Bharti Airtel in talks with State Bank of India for mega alliance
Days after the Reserve Bank of India introduced draft norms for small and payments banks to boost financial inclusion, the nation's largest telco and the nation's largest lender are exploring a mega alliance.
- Categories
- Uncategorized
- Region
- South Asia
-
How Kenya’s mobile money is opening up now middlemen have been set free
A decision made by Kenya's telecoms watchdog could have profound implications for the country's mobile money market.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
-
Glo launches Nigeria’s 1st Mobile Money Agent Network – Central Bank lauds initiative
GLOBACOM, Nigeria’s national telecommunications carrier, has launched Glo Xchange, a Mobile Money Agent Network, aimed at accelerating mobile money revolution and financial inclusion in the country.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
India’s ICICI Bank plans to add more than 1.5 million accounts in FY15
ICICI Bank-India's largest private sector bank-in a move to take ahead its financial inclusion strategy is planning to add another 1.5 million bank accounts in this financial year.
- Categories
- Uncategorized
- Region
- South Asia
-
The Companies Act has Promise, but Will India Inc. Cash In?: Business value and social good can converge if companies shift focus from compliance to results
There is much excitement in India around the social Companies Act, which stipulates that 2 percent of corporations’ profits must be spent on CSR. But the surge in CSR spending stemming from the new law will only be successful if execution looks markedly different from how CSR and philanthropic money has been spent in the past, says Dalberg’s Gaurav Gupta.
- Categories
- Uncategorized
-
Reserve Bank of India Deputy Governor asks bankers to be innovative on home loans
Reserve Bank Deputy Governor R Gandhi today asked lenders to be more financially innovative in designing home loan products and suggested creation of a periodic deposit-linked facility.
- Categories
- Uncategorized
- Region
- South Asia
-
How China And Kenya Are Winning The Payment Wars — And Why The U.S. Should Worry
While many Americans consider alternative payments non-essential, the rest of the world is silently surpassing us.
- Categories
- Uncategorized
- Tags
- digital payments
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.