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Federal Bank looks to acquire Madura Microfinance
The acquisition will help Federal Bank venture into microfinance and grow its priority sector loans.
- Region
- South Asia
- Tags
- microfinance
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Maharashtra has most robotics jobs in India
According to data from global job site Indeed, there has been a rise of 186% in the number of job seekers for robotics profiles between May 2015 and May 2018.
- Categories
- Technology
- Region
- South Asia
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Flipkart Seeking NBFC License; Soon to Venture into Fintech Space
Flipkart is in news again as the e-commerce giant is all set to step its foot in the fintech space with the company now planning to offer credit and insurance products to its customers and sellers.
- Categories
- Finance
- Region
- South Asia
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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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