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India’s RBL Bank Completes Ownership of Microfinance Institution (MFI) Swadhaar Finserve with Equity Purchases from Accion, Individual Investors
For an undisclosed prices, RBL bought a 36-percent stake from US-based NGO Accion and a total of 4 percent from a group of unidentified individual investors.
- Region
- South Asia
- Tags
- microfinance, MSMEs
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Olympics 2024 to focus on social business: Muhammad Yunus
“Somehow the sports world showed interest in what we are doing. The opportunity of the Olympics is a great one to use emotions to change perceptions,” Yunus said.
- Region
- South Asia
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Survey: How to Move India’s Small Merchants toward Digital Financial Services
The Center for Inclusive Growth recently collaborated with IFMR LEAD, a prominent Indian research institute, to conduct a five-city survey of 547 micro business owners in India to understand their needs and the challenges they face in adopting digital transactions.
- Categories
- Finance
- Region
- South Asia
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Asian Infrastructure Investment Bank to Pump $200 Million into Indian Infrastructure Fund
“The $200-million investment is in two phases. AIIB will invest $100 million now and another $100 million in the future,” Garg said. Beijing-based AIIB has approved $4.4 billion of investments of which the largest — $1.2 billion — is in India.
- Categories
- Investing
- Region
- South Asia
- Tags
- impact investing
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Report: India’s Digital Leap to Have Substantial Social Impact – But Data Privacy is a Key Risk
According to the global financial services major, India's digital leap will have substantial social impact across four key areas.
- Categories
- Finance, Technology
- Region
- South Asia
- Tags
- agtech, data, financial inclusion
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One of World’s Fastest Growing FinTech Startup Launches Its First Engineering Hub in India
Tala plans to build India as the hub for its Asian operations, and the Bangalore team will play an integral role in executing Tala’s vision for the market in the region.
- Categories
- Finance
- Region
- South Asia
- Tags
- fintech, mobile finance
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Belgium’s Incofin plans $80-million India Progress Fund
“India Progress Fund will be our first country focused fund,” Incofin’s partner and co-head for Asia investments, Aditya Bhandari told ET.
- Categories
- Investing
- Region
- South Asia
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Vikram Akula’s inside story of SKS Microfinance will remain untold
‘Micro-Meltdown’, written by SKS Microfinance founder Vikram Akula, once the poster boy of Indian microfinance, is a gripping tale of what it takes to build a world-class financial institution and how to destroy it.
- Region
- South Asia
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