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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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Wall Street Sees Bitcoin’s Legacy as Payment System: Currencies
While a Texas Senate candidate is accepting Bitcoin campaign donations, and Overstock.com customers can use the technology to buy engagement rings, Wall Street sees its future more as a payment system than a currency.
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- digital payments
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Kenya plans heavy penalties for rogue mobile subscribers and operators
Kenya plans to tame rogue mobile subscribers and operators through stiffer penalties in a new set of laws to be published this week.
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- Sub-Saharan Africa
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- governance, mobile finance
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Ghana to limit microfinance licenses
Bank of Ghana (BoG) seeks to put a ceiling on the rising number of microfinance companies in the country.
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- Sub-Saharan Africa
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- governance, microfinance
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Africa: Leveraging the Continent’s Resources to Finance Vital Infrastructure
The African Development Bank has a triple-A designation from international credit rating firms and has tripled its capital base since 2010.
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- Uncategorized
- Region
- Sub-Saharan Africa
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