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Lloyds Bank encourages entrepreneurs to start a social enterprise
Lloyds Bank has partnered with the School for Social Entrepreneurs to re-launch its social initiative offering entrepreneurs funding and mentoring in order to start and develop a charity.
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Insurers struggle to get micro-insurance agents
Micro-insurance or micro agent was a channel in the insurance industry that was developed for deeper penetration of insurance into India. However, with smaller ticket size coupled with low commissions, this channel has seen low participation from distributors.
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Tales of mobile money woes
Since entering the public domain, electronic money transfer using the mobile phone platform, has almost literally lit up the airwaves.
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4 ways investing in startups will become easier for you
Crowdfunding is emerging as a truly disruptive force in business. The JOBS Act, or Jumpstart Our Business Startups Act, became law in 2012 and paved the way for companies to use crowdfunding to access capital. In September, 2013, Title II of the JOBS Act — which allows for general solicitation of accredited investors — was implemented. As of October, however, the Securities and Exchange Commission had merely proposed rules for Title III, which allows unaccredited investors to enter the market.
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OPINION: A shaky vision for financial inclusion in India
The Nachiket Mor committee report does not address the issues that militate against financial inclusion.
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Ecobank, MasterCard Seal Deal on Financial Inclusion
MasterCard Worldwide Wednesday sealed a landmark deal with Ecobank Transnational Incorporated (ETI), which will see 60 per cent of Africa’s population have access to financial services.
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Nachiket Mor discusses his ambitious financial inclusion proposals for India
A few years ago, when he was based in Thanjavur after leaving ICICI Bank, Nachiket Mor used to decline requests from the press about financial inclusion, saying he had left that discipline. Over the past few months, however, he has come back into the field. He is on the RBI board. More recently, a committee headed by him just submitted an ambitious report on financial inclusion. ET's Vidhya Sivaramakrishnan met Mor for a chat.
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Playing the Odds on Saving
Americans’ lack of savings has become a crisis. Our confidence that we’ve got enough saved for retirement is at historically low levels, according to the Employee Benefit Research Institute’s annual Retirement Confidence Survey. More than a quarter of Americans have saved less than $1,000 for retirement. Only half of those surveyed say they could definitely find $2,000 if an emergency arose in the next month.
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