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ADB clears $700 mn loan for Indian infrastructure development
The Asian Development Bank (ADB) has approved $700 million in loans to support the Indian government's efforts to accelerate investment in infrastructure which the country requires to ensure strong economic growth.
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- Uncategorized
- Region
- South Asia
- Tags
- infrastructure, lending
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India’s Banks not Inclusive Enough
Are commercial banking (as it is currently practiced in India) and attainment of financial inclusion mutually exclusive?
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- Uncategorized
- Region
- South Asia
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Indian micro-lenders look beyond Andhra Pradesh for survival
Micro-lenders claim that new rules have turned their businesses unviable and encouraged borrowers to not repay money.
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- Uncategorized
- Region
- South Asia
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Sucre Blue sets up affordable, community health care in India
Erin Little’s inspiration to establish India’s Sucre Blue stemmed from the problems she encountered with a Type 1 diabetes diagnosis during her childhood. “It was getting to a point where it was really, really hard to take care of myself,” Little told MSNBC about her health insurance costs.
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- Health Care
- Region
- South Asia
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- public health
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Sankalp & SOCAP enter global alliance to further Impact Investing market
Intellecap initiative Sankalp Forum announced a strategic partnership with Social Capital Markets, convener of the international SOCAP conference series, in San Francisco during SOCAP ‘13. Sankalp Forum is an enabling platform that helps social enterprises find investors, mentors and scale. And SOCAP works towards increasing the flow of capital towards social good.
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- Uncategorized
- Region
- South Asia
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- impact investing
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Apollo pins hopes on affordable healthcare
Apollo Hospitals will bank on its own revenues for its rural healthcare drive under the brand Apollo Reach, with an aim at faster return on capital expenditure. “We have 10 Reach hospitals in operation. In the next three years, we’ll have 1,300 beds set up in Tier I cities, and another 1,100 in Tier II cities,” said Joint Managing Director Suneeta Reddy. Setting up a Reach hospital in a Tier II city will cost about Rs 50 lakh, which is less than half of what it takes for a healthcare centre in a city, she said. Each Reach hospital has about 120 beds.
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- Health Care
- Region
- South Asia
- Tags
- public health
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Editorial: E-banking requires better technology support for operation
Mobile banking is gaining ground among the people of the country since the Bangladesh Bank (BB) formulated a guideline nearly two years ago. Mobile banking grew at a faster pace, proving that it is more useful than the formal banking. Transaction through mobile banking service has been increasing at a rate of 20 per cent every month. Some 7.2 million people now make the use of different services under mobile banking services through more than one lakh outlets across the country.
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- Uncategorized
- Region
- South Asia
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Vikram Akula tries a second coming at SKS Microfinance
Vikram Akula, the poster boy of Indian microfinance who ran into trouble in the company he founded after it was listed, may be eyeing a return to its top post, with a key shareholder backing him.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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