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India Post keen to become a universal bank
India Post is interested in turning itself into a universal bank like many of its peers across the world and a committee under former Cabinet Secretary TSR Subramanian is looking into the matter, a senior department official said today.
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- Region
- South Asia
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PRESS RELEASE: Accion and MasterCard Foundation Partner to Strengthen Board Governance in Africa
The Center for Financial Inclusion at Accion today announced a $6.1 millionpartnership with The MasterCard Foundation to launch the Accion Africa Board Fellowship program.
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- Region
- Sub-Saharan Africa
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OPINION: Financial inclusion is key to addressing America’s two-speed economic recovery
I’ve had the opportunity over the last few months to meet bankers and regulators from around the world to discuss their economic growth plans, the impact of rising inequality in wealth and incomes, and in some cases, extending the reach of their financial systems.
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Taxi-hailing smartphone app Uber to launch mobile wallet in India
The taxi-hailing smartphone app Uber will launch a mobile wallet in India after its payment mechanism came under the RBI scanner for flouting the mandatory two-step verification on card transactions earlier this year.
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- Technology
- Region
- South Asia
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Financial Inclusion Under the Microscope: Which countries scored highest in Accion’s “Global Microscope 2014”?
Accion’s Global Microscope evaluates the environment for financial inclusion in 55 different countries, on indicators that include government support, the supervision of microfinance and other financial products, the status of credit reporting, regulations governing mobile banking, and consumer protection. Sonja Kelly runs through some winners and losers.
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Credit for all: Increasing women’s access to finance
Women’s need for financial services may actually exceed that of men because they tend to live longer, have lower levels of formal employment, own fewer assets, and have less control over household finances.
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OPINION: Financial inclusion in India needs another model
Priority sector targets are met by means fair and foul. Competition in providing credit to the unbanked will work better
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- Region
- South Asia
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U.S. Lags Behind G-7 in Bank Accounts as Poor Can’t Build Assets
The world’s largest economy lags behind other developed nations in banking participation.
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