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Indian MFIs lap up Narendra Modi’s financial inclusion drive, plan major expansion
MUMBAI: Enthused by the Centre's plan to open 7.5 crore bank accounts over the next few years, MFIs and other such financial institutions that are working in rural areas have charted out massive expansion plans.
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- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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Reserve Bank of India Deputy Governor asks bankers to be innovative on home loans
Reserve Bank Deputy Governor R Gandhi today asked lenders to be more financially innovative in designing home loan products and suggested creation of a periodic deposit-linked facility.
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- Uncategorized
- Region
- South Asia
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Financial inclusion in India may remain an unsolved puzzle for now
Days after the PM announced a financial inclusion package, a look at how banks and insurance firms are going about it & what lies ahead.
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- Uncategorized
- Region
- South Asia
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Beyond microcredit in Nepal
For Nepal's microfinance sector, the time has come to look beyond microcredit and find ways and means to turn individual entrepreneurs into small, medium and maybe big entrepreneurs over time.
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- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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Narendra Modi government to pay banks fee for pursuing financial inclusion plan in India
MUMBAI: Government has agreed to give banks some commission for pursuing the financial inclusion plan announced by the prime minister on the Independence Day.
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- Uncategorized
- Region
- South Asia
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OPINION: By making ATM transactions expensive, the Reserve Bank of India is contradicting its own stance
On Thursday, when the Reserve Bank of India (RBI) permitted banks to charge customers for using other bank ATMs more than thrice a month and that of own-banks more than five times, the apex bank was contradicting its own stated policy stance of encouraging public to alternative banking channels and, then gradually, to paperless banking.
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- Uncategorized
- Region
- South Asia
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Mastercard and Indosat give 60M Indonesians access to electronic payments
Indonesian mobile operator Indosat is making it easier and more secure for Indonesians working abroad to send money back home to family and friends by adding the MasterCard-backed HomeSend service to its offerings, the telco said this week.
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- Uncategorized
- Region
- South Asia
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Cambodia’s Orphan Business
People & Power goes undercover to reveal how 'voluntourism' could be fuelling the exploitation of Cambodian children.
- Categories
- Health Care, Impact Assessment
- Region
- South Asia
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