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IISC Innovation All Set To Make Diabetic Healthcare Afforable
While lifestyle changes and regular monitoring of blood glucose levels could reduce life-threatening complications arising from diabetes, glucometer to detect blood-glucose levels are currently expensive and unaffordable for many. Now scientists at the Indian Institute of Science (IISc), Bengaluru, have developed a low-cost glucometer kit to check blood-glucose levels.
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- Health Care
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- South Asia
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Perspective: Asia’s Banks Take Stand on Impact Investing
Credit Suisse Private Banking Asia Pacific and Singapore’s UOB Venture Management have joined forces to launch a new fund based on a textbook definition of what impact investing means. A first round of funding recently closed for an impact investing venture capital fund supporting small- and medium-sized businesses in Asia.
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- Uncategorized
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- South Asia
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- impact investing
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India’s HDFC Bank launches digital bank for SMEs
In its aim to grow its corporate market share, India’s HDFC Bank, the country’s second largest private sector lender, has announced a digital bank for its small and medium enterprises (SME) customers.
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- Uncategorized
- Region
- South Asia
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India’s Credit Information Bureau expands into small and micro loans segment
While speaking about CIBIL’s expansion in the small and micro loan segment Ratna Vishwanathan, CEO of MFIN commented, “Although banks have started providing data to all credit bureaus, CIBIL’s expertise in data insights and solutions is very valuable in the context of a more complete credit profile. CIBIL’s experience and leadership in handling a bureau will be a good value addition to the MFI credit rating ecosystem.”
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- Uncategorized
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- South Asia
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India’s fintech revolution is primed to put banks out of business
While global stock markets reset and U.S. tech unicorns readjust to new expectations and valuations, India’s tech renaissance is just beginning to flourish.
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- Uncategorized
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- South Asia
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- fintech
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Viewpoint: India’s fintech revolution is primed to put banks out of business
Infosys founder Nandan Nilekani calls it India’s “WhatsApp Moment,” echoing how a simple software solution from Silicon Valley turned the Asian telecommunications industry upside down, making obsolete decades of infrastructure,business models and loyal customer relationships with massive telecom operators.
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- Technology
- Region
- South Asia
- Tags
- fintech
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Study: MFI loans do little to lift the incomes of poor Cambodian families
The study, released last month by the international research consortium Partnership for Economic Policy, surveyed families in 11 villages and found little difference between the incomes of people who had taken out MFI loans and those who had not.
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- Uncategorized
- Region
- South Asia
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Cracking the payments bank puzzle in India
Success of payments banks will require understanding the financial lives of the base-of-pyramid customers and finding innovative ways to serve them.
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- Uncategorized
- Region
- South Asia
