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Narendra Modi government to pay banks fee for pursuing financial inclusion plan in India
MUMBAI: Government has agreed to give banks some commission for pursuing the financial inclusion plan announced by the prime minister on the Independence Day.
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- Uncategorized
- Region
- South Asia
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OPINION: By making ATM transactions expensive, the Reserve Bank of India is contradicting its own stance
On Thursday, when the Reserve Bank of India (RBI) permitted banks to charge customers for using other bank ATMs more than thrice a month and that of own-banks more than five times, the apex bank was contradicting its own stated policy stance of encouraging public to alternative banking channels and, then gradually, to paperless banking.
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- Uncategorized
- Region
- South Asia
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Mastercard and Indosat give 60M Indonesians access to electronic payments
Indonesian mobile operator Indosat is making it easier and more secure for Indonesians working abroad to send money back home to family and friends by adding the MasterCard-backed HomeSend service to its offerings, the telco said this week.
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- Uncategorized
- Region
- South Asia
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Cambodia’s Orphan Business
People & Power goes undercover to reveal how 'voluntourism' could be fuelling the exploitation of Cambodian children.
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- Health Care, Impact Assessment
- Region
- South Asia
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Growth of independent India an amazing story; empower it by health investment: Bill Gates
Today, the prime minister will stand at the Red Fort to address the nation. For a generation, the Independence Day speech has been about India's mind-blowing progress - and today's will be no different.
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- Health Care
- Region
- South Asia
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Modi Promises Access to Banking for India’s Poor
Prime Minister Narendra Modi promised on Friday greater access to financial services for nearly 500 million Indians who do not have a bank account, many of whom are now at the mercy of money lenders who charge extortionate interest.
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- Uncategorized
- Region
- South Asia
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Airtel, Voda, Idea move to cash in on mobile payments in India
Till a few years ago, Sachin Dhaval had to visit the collection centre of SUMUL, the Surat-based milk co-operative, to pay cash a day in advance for placing his orders.
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- Uncategorized
- Region
- South Asia
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Largest transaction in Indian microfinance since 2010
Janalakshmi, a microfinance institution headquartered in Bangalore, announced that it had closed its Series D primary equity raise of INR 3.25 billion.
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- Uncategorized
- Region
- South Asia
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