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India’s microfinance institutions see gross loan growth of 69% in the previous quarter
Microfinance institutions saw a healthy 69% growth in their gross loan portfolio in the April June quarter compared to that in the same period of last year.
- Categories
- Uncategorized
- Region
- South Asia
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Oxxy Moves to Launch World’s Largest Transparent, Affordable Hospital Chain
Spending on healthcare is a key component of a household's monthly budget. Any unforeseen illness that requires expert consultation or hospitalization or undergo a medical procedure burdens the pocket.
- Categories
- Health Care
- Region
- South Asia
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Tough Challenges Await India’s Chandrashekhar Ghosh’s Bandhan in Its Commercial Bank Avtaar
On Sunday, Kolkata-based microfinance institution (MFI), Bandhan Financial Services formally converted itself into a full service commercial bank, thus becoming the latest private sector bank in the country. Bandhan is one of the two entities, which were given full-service banking licences by the Reserve Bank of India (RBI) in April, 2014, from a list of 25 aspirants that included big business houses. The other is IDFC.
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- Uncategorized
- Region
- South Asia
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50th Microfinance Institution Launched in Cambodia
The Royal Microfinance institution launched its operations in Cambodia on Thursday, bringing the total number of micro-lenders in the kingdom to 50.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- lending, microfinance
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A Cheap Modular System Will Provide Better Shelter to Indians With Shoddy Metal Roofs
Much of the world will go to sleep tonight under a corrugated iron roof, a quite bumpy, ill-fitting way to cover a house. They'll get hot in summer, get no insulation in winter, and the thing will probably crack and corrode before too long.
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- Uncategorized
- Region
- South Asia
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Health ministry against task force proposal to hike prices of vital drugs
A government task force has recommended changes in the existing drug price regulation which could result in a spike in prices of essential medicines. These include suggestions to pull several medicines out of price control, which is likely to impact drugs used in treatment of diabetes, cancer and cardiovascular diseases as well as antibiotics.
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- Health Care
- Region
- South Asia
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Government launches telemedicine initiative ‘Sehat’
To provide health care facilities in rural areas, the government today launched a telemedicine initiative in collaboration with Apollo Hospitals under which people can consult doctors through video link.
- Categories
- Health Care
- Region
- South Asia
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What payments banks, Bandhan can do for financial inclusion in India
There have two big developments in financial inclusion in the country in the past few days, whose significance stands out despite the din arising from the recent global stock market crash.
- Categories
- Uncategorized
- Region
- South Asia
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