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Women in financial services are tackling an underserved market: themselves
Financial services for women have historically been abysmal. Management consulting firm Oliver Wyman has called women its “single largest underserved group of customers.” According to a recent report financial services firms—those in banking, insurance, and wealth/asset management—are leaving $700 billion in revenue on the table by using assumptions that are built around men’s careers and not offering solutions that address the realities of women’s lives. Women invest less than men and have lower retirement savings, even though they live longer on average. They also have less access to capital, fewer financial rights, and end up poorer as a result.
- Categories
- Finance
- Region
- South Asia
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View: Why ESG matters in financial services
The whole of 2019 saw a fierce and intense debate globally around the adoption of environmental, social and governance (ESG) principles as a way of doing business. The year gave the world in general and India, in particular, some compelling reasons to improve their ESG standards. For example, July 2019 was declared to be the hottest month on record for the planet, and a report in April indicated that air pollution alone kills 1.2 million people in India throughout the year.
- Categories
- Environment, Health Care, Investing
- Region
- South Asia
- Tags
- ESG, financial health
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BRAC Founder Sir Fazle Hasan Abed Passes Away
"We will honour his legacy with the same resilience, dignity and humility that he has instilled in us."
- Categories
- Finance
- Region
- South Asia
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India’s $62 Billion Sanitation Economy Is Fueling Entrepreneurs in Renewable Energy
The crisis is fueling a growing number of companies and “sanipreneurs” to cash in by finding ways to turn human waste into valuable resources, including renewable energy.
- Region
- South Asia
- Tags
- renewable energy
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Goldman Sachs Leads $15M Investment in Indian Fintech Startup ZestMoney
Bangalore-based ZestMoney announced it has raised $15 million from Goldman Sachs and existing investors Naspers Fintech, Quona Capital and Omidyar Network.
- Categories
- Finance
- Region
- South Asia
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In Bihar, India, Solar-Powered Mini Grids Are Slowly Transforming Livelihoods
A silent revolution is unfolding not far from Bihar’s capital Patna, where residents are benefitting hugely from access to reliable, clean solar energy.
- Categories
- Energy
- Region
- South Asia
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How Evolving ESG Disclosure Rules Are Altering Investment Dynamics
An increasing number of investors accept that an evaluation of an investment opportunity (be it equity or fixed income) is not complete without proper appreciation and analysis of these factors.
- Categories
- Investing
- Region
- South Asia
- Tags
- ESG, impact investing
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Education Sector Received the Lion’s Share of Corporate CSR Spend in India
The CSR activities taken up by the companies relate to various sectors including education, healthcare, sanitation, environmental sustainability, poverty alleviation and skill development.
- Categories
- Education
- Region
- South Asia
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