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Jan Dhan may win Guinness record for Modi, but duplicate accounts can burden banks
he Narendra Modi government is in dialogues with the Guinness World Records team to bag a record for the government for opening maximum number of bank accounts in minimum number of days, according to persons familiar with the development.
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- Uncategorized
- Region
- South Asia
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How technology is checking health corruption in India
In 2011 Amarendra Kumar learned that a doctor at one of Delhi's biggest hospitals was pushing for his baby niece to have a heart operation she didn't need.
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- Health Care
- Region
- South Asia
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OPINION: Why India, not China, is a better investment partner for Africa
Did you read the story on Chinese investment in Africa? They’re being published in droves, usually with a vaguely racist headline, like “Booming African lion economies gear up to emulate Asians.”
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- Uncategorized
- Region
- South Asia
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Mobile payment startup taps into Indian villages
Ezetap, a mobile payment startup, wants to connect small Indian villages with business and is using its mPoS to do so, Business Standard reported.
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- Uncategorized
- Region
- South Asia
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PRESS RELEASE: Unitus Seed Fund adds more prominent investors
November 16, 2014. Bangalore: Unitus Seed Fund announced that it has now raised over USD $4 million from 16 high net income Indian investors in its Indian rupee fund, and Seattle area tech executives, including Steve Singh, Diego Piacentini, and Bill Gates have invested in Unitus Seed Fund’s affiliated offshore venture fund.
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- Uncategorized
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- South Asia
- Tags
- impact investing
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75% of Jan Dhan accounts empty: Indian financial inclusion scheme may be missing its objective
Initial indications from the data on Prime Minister's Jan Dhan Yojana (PMJDY) are that the grand financial inclusion scheme of the Narendra Modi government has failed to achieve its original objective - to encourage the country's vast unbanked poor population to use bank accounts for cash transactions.
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- Uncategorized
- Region
- South Asia
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India Post keen to become a universal bank
India Post is interested in turning itself into a universal bank like many of its peers across the world and a committee under former Cabinet Secretary TSR Subramanian is looking into the matter, a senior department official said today.
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- Uncategorized
- Region
- South Asia
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Taxi-hailing smartphone app Uber to launch mobile wallet in India
The taxi-hailing smartphone app Uber will launch a mobile wallet in India after its payment mechanism came under the RBI scanner for flouting the mandatory two-step verification on card transactions earlier this year.
- Categories
- Technology
- Region
- South Asia
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