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OPINION: Bank accounts for all won’t bring financial inclusion to India
Financial inclusion, the buzzword that Manmohan Singh government used quite freely during his term in office, is likely to be part of Prime Minister Narendra Modi’s lexicon as well. But the question is, how will he implement it?
- Categories
- Uncategorized
- Region
- South Asia
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Impact Investing in India: Poised to Grow?
Impact investments are expected to increase globally this year, with South Asia and Southeast Asia among the top target regions, according to a recent survey by JPMorgan and Global Impact Investing Network (GIIN). This could bode well, in particular, for India’s nascent impact investment sector, which is one of the most active in the region.
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- Uncategorized
- Region
- South Asia
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Adarsh Credit Co-op Reaches India’s Rural Poor With Mobile Tech
Mobile phones are a key way to expand financial inclusion to rural areas across emerging markets, as M-Pesa has demonstrated in Kenya. In India, Adarsh Credit Co-operative Society reaches one million members through 800 branches and more than 100,000 financial advisors who travel through villages taking deposits or disbursing money by linking to the bank through their mobile phones.
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- Uncategorized
- Region
- South Asia
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Rural education firm Hippocampus raises $2.4M from ADB, Unitus, Khosla Impact
Hippocampus operates 128 learning centres in Karnataka with a student base of over 7,500.
- Categories
- Education
- Region
- South Asia
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Mobile money and digitized payments have few takers in India
Lack of awareness and difficult access are the main hurdles
- Categories
- Education
- Region
- South Asia
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HP Will Expand Its Cloud-enabled Rural Health Care Centres In India
HP's two day long summit is on in Mumbai, India. Today world's major technology and data solutions company, HP, revealed a lesser known fact.
- Categories
- Health Care
- Region
- South Asia
- Tags
- public health
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Social entrepreneur incubator launched in Taiwan
A social entrepreneur incubation platform based on the U.K.’s UnLtd model was launched July 1 in Taiwan, according to program operator Social Enterprise Insights.
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- Uncategorized
- Region
- South Asia
- Tags
- incubators
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Indonesia Receives Us$500 Million from World Bank in Support of Financial Sector Reform Policies
WASHINGTON, July 1 -- World Bank issued the following news release:The World Bank'sBoard of Executive Directors approved today a US$500 millionFinancial Sector Reform and Modernization Development Policy Loan for the Government of Indonesia. The loan supports Indonesia's policies aimed at reinforcing the stability of the financial system, diversifying the financial sector, and expanding financial inclusion to reach the poor and other underserved groups.
- Categories
- Uncategorized
- Region
- South Asia
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