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Unequal Access to Healthcare in Sri Lanka?
In the last two decades, there has been a steady erosion of the provision of free health care by a quickly spreading private health system. Middle class families are paying out-of-pocket or becoming dependent on health insurance schemes, while poorer families are being forced to access private health care in life and death matters.
- Categories
- Health Care
- Region
- South Asia
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Microfinance and Payday Loans: How Paytm’s Payment Bank Will Be ‘Different’
"There's so much scope for digital payments, and there are enough unbanked even in the city, that you can tap into with only a little effort," says Nitin Misra, who heads Paytm's payment product pipeline. "We can offer a lot to the unbanked and the underbanked, and for the small percentage of the population that is actually fully banked, we offer safety and convenience."
- Categories
- Uncategorized
- Region
- South Asia
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Small Finance Banks Will Shift Focus of Microlending Away From Dedicated MFIs, Says Domestic Rating Agency in India
Small Finance Banks (SFBs) will shift the focus of the microlending business away from the dedicated micro finance institutions (MFIs), domestic rating agency India Ratings said today.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- lending, microfinance
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Asia’s Biggest Vaccine Maker to Seek Fast-Track Nod for Dengue Drug in India
Asia's largest vaccine maker, Serum Institute of India, plans to file for fast-track approval to launch a dengue treatment in India, its chief executive said, potentially becoming the first company globally to launch a drug for the mosquito-borne virus.
- Categories
- Health Care
- Region
- South Asia
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Report: India Mobile Wallet Market to Reach US$ 6.6 Billion by 2020
According to TechSci Research report, "India Mobile Wallet Market Opportunities & Forecast, 2020", mobile wallet market in Indiais projected to reach US$ 6.6 billion by 2020. The mobile wallet market in India is projected to exhibit exponential growth during the forecast period, on account of rising smartphone penetration rate, growing mobile internet user base, and increasing government support. In addition, mobile wallet companies operating in India are also offering attractive deals and incentives to attract new users. In recent years, wallet companies have increasingly formed collaborations with service providers and financial institutions to offer a robust and seamless mobile wallet platform to the users. Usage of mobile wallet is growing across various applications such as money or banking transactions, mobile recharge & bill payments, ticket bookings, utility applications, etc. In addition, approval of payment bank licences of major companies such as Paytm, Vodafone, Airtel, etc. is projected to drive growth in the number of banking transactions through mobile wallet over the next five years.
- Categories
- Technology
- Region
- South Asia
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New MasterCard-SMU Program to Help Promote Financial Inclusion in Asia Pacific
MasterCard and the Singapore Management University (SMU) today announced the launch of a two-year Social and Financial Inclusion Programme.
- Categories
- Uncategorized
- Region
- South Asia
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e-Paisa Starts Accepting Wallet Payments from Paytm, Mobikwik
Payments service provider, Paytm, Mobikwik and Citrus haver tied up with e-Paisa, to enable easy payment option to customers to pay at retail outlets like grocery stores, restaurants and other small brick and mortar merchants through their mobile wallets.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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Microfinance Companies in India May Need Rs 2,000-crore in Domestic Equity to Clear Licence Hurdles
Microfinance companies that have been awarded small finance licences may need to mobilise close to Rs 2,000-crore equity between them from local investors to dilute foreign ownership.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- lending, microfinance
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