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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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Cash Or Credit? How Kids Pay For School Lunch Matters For Health
American kids have a problem with obesity, according to the most recent studies. In fact, the closest thing we have to good news about childhood obesity is that kids are not gaining weight as rapidly as they were some years ago. Researchers may have identified one surprising new factor in why kids are overeating.
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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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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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Better funding call for vital drug approval programme
Without the prequalification programme of the World Health Organisation, Africa could have bad drugs or no drugs for HIV and TB, but this vital service for assessing medicine quality needs secure funds for the future, say experts
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- Health Care
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- Sub-Saharan Africa
