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Indian microfinance bank Bandhan plans to open 600 branches
Microfinance outfit Bandhan Financial Services Ltd., which got a banking licence from the Reserve Bank of India on April 9, is planning to open around 600 branches, its Chairman and Managing Director Chandra Sekhar Ghosh said.
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- South Asia
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BLOG: Momentum Builds for 100 Percent Impact Investment Movement
When I first started working in impact investing, the field's challenges were foundational: refining the concept, finding suitable investments, figuring out how to measure impact, even determining what to call the concept. Work in all those areas continues, but the field has matured to the point where it's on the agenda of the G8, finance conglomerates feel they need to have an impact product, and the mainstream business press is taking notice (if skeptically). N
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JP Morgan & GIIN survey highlights higher impact investment commitments
Widespread commitment to allocate 19% more capital to impact investments in 2014 compared to 2013 revealed by JP Morgan and the Global Impact Investing Network (GIIN) survey.
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- impact investing
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Opinion: ‘Wanted: inclusive business’
With more severe poverty and inequality to begin with, worsening unemployment and lack of significant improvement in reducing poverty and inequality negate our otherwise impressive economic growth performance of late.
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- employment
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Reserve Bank of India May Allow MFIs to Function as Business Correspondents of Banks
However, the move has faced serious opposition from various departments in the central bank.
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- South Asia
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Philippines Using Postal Banks to Advance Financial Inclusion
The Philippine Postal Savings Bank (Postbank) inaugurated Tuesday this week two branches of its Microfinance Banking Office (MBO) or Bangko sa Nayon in Albay alongside the government efforts to pursue inclusive growth particularly on the countryside.
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- Asia Pacific
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Microfinancing Mexico Via Responsible Tourism Activities
Fundacion En Via aims to empower women in Mexican villages with interest-free loans and business coaching.
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- Uncategorized
- Region
- Latin America
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Mondato Summit Africa: The high-level mobile money gathering will take place in Johannesburg, South Africa on June 17-18th
Mobile money is reshaping financial services in the developing world, and Africa has become the epicenter of the movement. That’s why NextBillion is pleased to announce that we’ll be a media partner with Mondato Summit Africa, an mCommerce, mobile money and innovations conference taking place in Johannesburg, South Africa on June 17-18th.
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- Uncategorized
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- digital payments
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