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Muhammad Yunus: No reason for Grameen Bank operations in India
"In the mean time I suggested (them) to give limited banking license to successful MFIs (microfinance institutions) so that they can take deposits to become financially self- reliant, and expand their operation at a faster speed," he says.
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- Uncategorized
- Region
- South Asia
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Google Tez sees early success in India
It already has more than 7.5 million users, and has seen more than 30 million transactions since its launch in September. But it's no surprise that Google's seen early success in India.
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech
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Report: India had highest number of first-time internet users between 2012-15
"Nearly 90% of the 750 million people that went online for the first time between 2012 and 2015 were from developing economies, with the largest numbers from India (178 million) followed by China (122 million)," the report said. The findings will come as a big boost to the government at a time when it's pushing for digital literacy and promoting doing things digitally. Government sources said the number of people going online must have gone up in the past two years.
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- Technology
- Region
- South Asia
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Snapcart raises $10M to shed light on consumer spending in emerging markets
A 2-year-old startup tucked away in Southeast Asia, Snapcart is taking on $15 billion powerhouse Nielsen by shining a light on the black box that is consumer spending.
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- Uncategorized
- Region
- South Asia
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The untold story behind IndusInd Bank-Bharat Financial merger
Bharat Financial’s earlier avatar SKS’s quest to become a bank started in right earnest from the day it realized that once small finance banks are in place, it would be difficult to successfully run the microfinance business.
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- Finance
- Region
- South Asia
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Press release: New FICO Credit Scores Provide Lenders Opportunity to Expand Access to Credit in India for Nearly 350 Million
FICO® Score for India is based on traditional credit data available from any of the major credit bureaus in India. FICO® Score X Data India, in partnership with LenddoTM, evaluates alternative data such as that from a consumer's digital footprint (web or mobile device) to produce a score for consumers who don't have enough traditional data on file with one of the Indian credit bureaus to produce a FICO® Score for India.
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- Uncategorized
- Region
- South Asia
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Could this 10-year-old fix Pakistan’s waste problem?
"This is a situation you can find across all of Pakistan - these bags are not biodegradable and people carelessly discard them. They don't really think about recycling," Zymal says.
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- Uncategorized
- Region
- South Asia
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The female micro-entrepreneurs disrupting India’s garment trade
Industree Foundation has reached 30,000 women artisans across India and Africa, through collaborative efforts with organizations such as India based retail group Future Group, and IKEA, which teams up with social enterprises in India for its Next Gen initiative, which aims to enable social entrepreneurs to gain access to global markets.
- Categories
- Uncategorized
- Region
- South Asia
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