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OPINION: The Reserve Bank of India’s welcome conservatism
More than four years after the then Finance Minister Pranab Mukherjee announced the government's intention to issue more banking licences, this has indeed been done. In 2010, there was much fervour about financial inclusion and, against that backdrop, new banks were seen as an important means of boosting capacity and penetration of financial services.
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Reorienting Financial Inclusion in India
Fixing small business finance is a great place to start improving financial inclusion. This is a reform that is overdue and should not wait.
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- Uncategorized
- Region
- South Asia
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India Announces First Bank Licences in a Decade
India on Wednesday announced it was issuing two new bank licenses for the first time in a decade as it accelerates a push to bring more Indians into the formal banking system.
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- Region
- South Asia
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USAID, Hillary Clinton Launch Global Development Lab for Game-Changing Innovations
The event will take place in New York, with Hillary Clinton delivering the keynote address, following an internal launch and a USAID town hall discussion earlier this week in Washington, D.C.
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- Education, Energy, Environment, Health Care, Technology
- Tags
- governance, nutrition
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Kenya: Regulator sets tough conditions for mobile firms
Safaricom chief executive Bob Collymore is facing hard options, following last Friday’s approval of his company’s quest to acquire rival yuMobile’s assets under tough conditions.
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Where is Bitcoin legal?
In most countries around the world, Bitcoin is neither illegal nor totally unregulated. It's somewhere in between. Bitcoin and similar virtual currencies are computerized money not backed by any official authority. Governments haven't given it their blessing, and they're trying to figure out how to deal with it.
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Zimbabwe: Econet, mobile money agent association head for clash
The Mobile Money Transfer Agents Association of Zimbabwe and Econet are heading for a possible clash over the latter's recent directive that each of its agent should register at least five new customers per day as per their contract.
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Sustaining Recent Social Progress May Require a Squeeze on the Rich
Latin Americans, the past dozen years have been remarkable. The region has seen a magical combination of faster economic growth, falling poverty and declining income inequality. Is this unprecedented period of progress over?
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- Education
- Region
- Latin America
- Tags
- governance