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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
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Ebola crisis provides glimpse into Samaritan’s Purse, SIM
Samaritan’s Purse and SIM USA were instrumental in the evacuation of two U.S. missionaries from West Africa. These religious relief groups maintain a low profile in the U.S. but are often on the front line of public health crises. Health organizations and leaders of affected areas are also working to contain the deadly outbreak. Here are the key players.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Tata Group donates $15.5M to IIT Bombay to develop low-cost solutions for BoP consumers
Indian multinational conglomerate Tata Group has donated $15.5 million (Rs 95 crore) to IIT Bombay (IIT-B) to setup a virtual centre, which would focus on developing low-cost technologies for the bottom of the pyramid (BoP) consumers, says a report in The Economic Times, quoting IIT-B director Devang V Khakhar.
- Categories
- Education, Health Care
- Region
- South Asia
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Glimmer of hope seen in Ebola outbreak
Three health care workers who were given the experimental Ebola drug ZMapp in Liberia have shown "very positive signs of recovery," the Liberian Ministry of Health said Tuesday. Medical professionals treating the workers have called their progress "remarkable."
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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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
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Indian MFIs lap up Narendra Modi’s financial inclusion drive, plan major expansion
MUMBAI: Enthused by the Centre's plan to open 7.5 crore bank accounts over the next few years, MFIs and other such financial institutions that are working in rural areas have charted out massive expansion plans.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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Wells Fargo creates startup accelerator to get front-row seat on financial innovation
Wells Fargo & Co. has established the Wells Fargo Startup Accelerator, designed for startups pursuing innovation in financial services.
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- Uncategorized
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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
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