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Asian Development Bank Approves $25M Loan to Support Women-Led SMEs
Access to finance is very limited in Pakistan, with only 21.3% of adults and only 7% of women over the age of 15 having bank accounts in fiscal year 2017, according to available data.
- Categories
- Finance
- Region
- South Asia
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Microfinance Is Driving Many Sri Lankan Borrowers to Despair
Nalani Wickremesinghe, from Baduraliya in the south, has taken loans from 11 companies, only two of which are registered with the central bank. Struggling to feed her family, she has little option but to borrow again.
- Categories
- Finance
- Region
- South Asia
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Press Release: More Than Half a Million Rohingya Refugees Receive Identity Documents, Most for the First Time
This comprehensive registration being simultaneously carried out in all refugee settlements in Cox’s Bazar – is meant to ensure the accuracy of data on refugees in Bangladesh, giving national authorities and humanitarian partners a better understanding of the population and their needs.
- Categories
- Technology
- Region
- South Asia
- Tags
- data, digital identity, refugees
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Reserve Bank of India Allows Fintech Companies, Financial Institutions to Set up Regulatory Sandbox
The RBI said the RS fosters 'learning by doing' on all sides and regulators obtain first-hand empirical evidence on the benefits and risks of emerging technologies and their implications.
- Categories
- Finance
- Region
- South Asia
- Tags
- fintech, regulations, startups
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Report: India Will Soon Run out of Water; ‘Extremely High’ Crisis Level
India, ranked 13 on Aqueduct's list of "extremely highly" water stressed countries, has more than three times the population of the other 16 countries in this category combined, the report said.
- Categories
- WASH
- Region
- South Asia
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India’s Aadhaar Pay Regains Tempo, Usage Hits 200 Million
Aadhaar-based payments make customers who do not have smartphones or who are uncomfortable using cards, transact digitally.
- Categories
- Finance
- Region
- South Asia
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Instead of Bringing Jobs to the People, Bring the People to the Jobs
Worldwide, 300 million people live nominally above the poverty line but regularly go hungry for some portion of the year.
- Region
- South Asia
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National Bank of Pakistan Partners With WorldRemit for Digital Money Transfers
The Pakistani diaspora living in over 50 countries, including the USA, UK, Canada and Australia, can now send money to NBP cash pickup locations using their smartphone.
- Categories
- Finance
- Region
- South Asia
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