-
EXCLUSIVE: Bandhan Bank CEO on why we still need physical branches
The competition in the banking sector is all about services, Chandra Shekhar Ghosh, Managing Director and Chief Executive Officer of Bandhan Bank, said in an exclusive interview with Moneycontrol's Beena Parmar. Since starting operations in August 2015, the Kolkata-headquartered lender has garnered a record deposit base of Rs 20,000 crore and a similar amount in its loan portfolio.
- Categories
- Uncategorized
- Region
- South Asia
-
Artoo Partners with Microfinance Institution Grameen Koota in India
Grameen Koota, a pioneer in rural lending, is expanding its product portfolio and venturing into Individual lending for its rural customer base. To this end, it has partnered with FinTech firm Artoo to develop a digital lending model to launch Individual business loans. Artoo’s intelligent digital platform will enable it to go paperless and reduce loan approval and go-to-market time significantly.
- Categories
- Technology
- Region
- South Asia
-
How the mobile can power digital India
The call for digital cash, or going cashless, has never been as loud and clear as it has been in the past two months across India. One of the positive impacts of demonetisation has been the exploration of alternate methods of payment such as credit and debit cards, online money transfer and payments, use of e-wallets, digital transaction apps such as BHIM, etc. The various means of digital payments have made life a little easier.
- Categories
- Technology
- Region
- South Asia
-
Artificially intelligent pathologist bags India’s biggest funding in healthcare AI
The World Health Organization requires a pathologist to spend 20 minutes examining a blood smear on a slide under a microscope before ruling out malaria if no parasites are seen. You can imagine how fatigue, an urge to get home, or some other distraction can disrupt that requirement – and the consequences of the disruption.
- Categories
- Health Care
- Region
- South Asia
-
Indian Digital Wallet Firm MobiKwik in Talks to Raise Funds, Eyes $1-Billion Valuation
Indian mobile payments and digital wallet firm MobiKwik says it is in talks to raise more funds at a level that would give the start-up a $1 billion (roughly Rs. 6,698 crores) valuation, as it pushes to forge new ties with banks and offer new financial services on its platform.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
-
Indian Tech Entrepreneur on Mission to Democratise Healthcare
A leading Indian tech entrepreneur has decided to invest in a UK-based genomics data platform company to “democratise precision healthcare” and help pharmaceuticals develop targeted therapeutics. Ambarish Mitra, well known as the co-founder and CEO of Blippar – an augmented reality and computer vision based AI application platform – will invest in the Cambridge-based Global Gene Corp to bring medicine to the masses. “Global Gene Corp sits at the convergence point of genomic & life sciences, machine learning and big data technologies. They have fundamentally disrupted the business model to deliver a platform that is scalable and affordable – which is key to bringing precision medicine to the masses,” Mitra said.
- Categories
- Health Care
- Region
- South Asia
-
Smartphones Have an Unexpected New Rival
Last week, an Indian government official announced that iPhones will start rolling off an assembly line in Bangalore by the end of April, targeted at local customers. It's a big moment for Apple Inc., which is counting on India's emerging middle class to make up for slowing sales in other markets. But don't bet on the iPhone conquering India, or any other emerging market, just yet.
- Categories
- Technology
- Region
- South Asia
-
Samsung to launch mobile payment wallet Samsung Pay in India soon
South Korean tech giant Samsung is planning to launch its mobile payment wallet in India in the first half of 2017, media reports said.
- Categories
- Technology
- Region
- South Asia
The Best of NextBillion in Your Inbox Each Week!
Subscribe to NB Notes for news, jobs & on-the-ground insights from the world of emerging markets business.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.