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A new kind of no-frills bank could kickstart India’s long-awaited mobile money revolution
The Reserve Bank of India (RBI) is one of the few institutions Indians respect (paywall). India’s central bank is known for being clean, sensible, and well-run. It is also extremely cautious
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- Uncategorized
- Region
- South Asia
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The BRICS new development bank: A historic game-changer?
Following two years of intense negotiations, the BRICS leaders agreed on 15 July 2014 in Fortaleza (Brazil) to launch the New Development Bank (NDB).
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- Impact Assessment
- Region
- South Asia
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India’s youngest bank Bandhan to empower women, rural folk
Innovative microfinance company Bandhan will operate as a bank from October next year and focus on empowering women and rural people, says its chairman and managing director Chandra Shekhar Ghosh.
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- Uncategorized
- Region
- South Asia
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India PM Modi to unveil comprehensive financial inclusion schemes on Aug. 15 – here’s a sneak peek
Mumbai: Prime Minister Narendra Modi is set to give a big boost to the ongoing financial inclusion drive by unveiling a comprehensive programme, to be announced at the Red Fort in his address to the nation on the Independence Day.
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- Uncategorized
- Region
- South Asia
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Norms on small banks fail to impress micro lenders
The Reserve Bank of India's (RBI) draft guidelines for licensing of small banks has failed to impress microfinance companies.
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- Uncategorized
- Region
- South Asia
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Drug price cut of vital medicines a global phenomenon
MUMBAI: It is not the Indian regulator who is the only one after drug companies to cut prices. Across the world, pharmaceutical companies are coming under pressure to reduce prices as concerns over growing healthcare costs force governments to target drug makers.
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- Health Care
- Region
- South Asia
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World Bank Group (WBG) Loans $500m to Government of Indonesia for Financial Sector Reform
World Bank Group (WBG) Loans $500m to Government of Indonesia for Financial Sector Reform, Including to Boost Financial Inclusion
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- Uncategorized
- Region
- South Asia
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Arun Jaitley says India needs to create productive environment for investors
Finance Minister, Arun Jaitley, said here on Saturday thatIndia needs to create such a productive environment for investors, that makes them feel that doing business in India is profitable.
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- Uncategorized
- Region
- South Asia
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