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Direct cash transfers will reduce corruption in India, says Reserve Bank governor
Reserve Bank of India governor Raghuram Rajan made a strong pitch for direct cash transfers to the poor, saying this would help reduce corruption by breaking the "cycle of dependence".
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- Uncategorized
- Region
- South Asia
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Banking correspondents risking lives to bring financial inclusion to India
In Bihar alone, at least 14 attacks on bank kiosk operators have been reported in the last two years
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- Uncategorized
- Region
- South Asia
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Indian MFIs demand more incentives for working as business correspondents
According to survey by microfinance institution network (MFIN), published in February this year, nine out of 14 MFIs closed their operation as BCs in the recent past.
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- Uncategorized
- Region
- South Asia
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RuPay cards to replace Aadhaar in welfare scheme authentication in India
The finance ministry has decided to limit Aadhaar's role in its welfare scheme payments and, instead, use ATM-enables RuPay cards for last-mile authentication to withdraw money.
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- Uncategorized
- Region
- South Asia
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Apollo Hospitals to expand footprint with hub and spoke model
Apollo Hospitals Ltd is actively looking at expansion with the hub and spoke model and harnessing the telemedicine technology.
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- Health Care
- Region
- South Asia
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Ideas for a financially inclusive India
The Prime Minister is expected to outline a policy on financial inclusion in his maiden speech from the ramparts of Red Fort on August 15, 2014.
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- Uncategorized
- Region
- South Asia
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India has big plans for healthcare and pharma
The rumblings of an Indian healthcare earthquake have been gathering pace for some years but the arrival of a new government with a mandate of progressive reform promises to make the earth move for pharma.
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- Health Care
- Region
- South Asia
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Rocket Internet raises $445 million to invest in mobile payments in emerging markets
Philippine Long Distance Telephone Company is purchasing a 10% stake in Rocket, a German e-commerce investment firm. The deal will combine the Philippines telecom operator’s mobile expertise with Rocket's global e-commerce and web services footprint.
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- Technology
- Region
- South Asia
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