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Financial inclusion is fast losing steam in India
If financial inclusion efforts are to be fully harnessed and taken forward, the regulator and banks will have to work in cohesion with local government agencies to educate masses on a large scale, highlighting rights and responsibilities.
- Categories
- Finance
- Region
- South Asia
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A new lease of life: How Bempu’s innovative wristband is saving thousands of babies
A bracelet meant for infants, it monitors their temperature whereby parents get alerted with an audio-visual alarm when their baby gets dangerously cold.
- Categories
- Health Care, Technology
- Region
- South Asia
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India sees encouraging rise of green finance
With about 1.2 billion more people expected to live in Asian cities in 35 years, the cities have the potential to attract more than USD 20 trillion in climate-related investments in six key sectors by 2030, according to a recent report by International Finance Corporation.
- Categories
- Environment, Finance
- Region
- South Asia
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India has a growing impact investing industry, but can it scale?
India’s impact investing market has grown rapidly in the past few years — the total value of impact investments in India since 2010 has been $5.2 billion, according to a McKinsey report — and $4.2 billion of that is since 2015. In that time, average deal sizes have increased — from $7.6 million in 2010 to $17.6 million in 2016, though the number of investments has stayed between 60-80 a year.
- Region
- South Asia
- Tags
- impact investing
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India likely to surpass U.S to be world’s second largest economy by 2030
India will likely be larger than the U.S. in the same time period while Indonesia will break into the top 5 economies.
- Region
- South Asia
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Telenor Microfinance partners with Alipay for Pakistan blockchain remittances
The service is provided by Telenor’s mobile banking service Easypaisa in Pakistan and another subsidiary Valyou in Malaysia. The aim is to make payments real-time, 24/7 and more efficient.
- Categories
- Finance, Telecommunications
- Region
- South Asia
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Why fintech in India needs to start counting for the unimaginable 2020
2020 will also be the year of action for SME and MSME banking. Despite playing a pivotal role in the country’s economic growth, the SME market remains relatively underserved with banks.
- Categories
- Finance
- Region
- South Asia
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Indian government starts process for financial inclusion of sex workers
A high-level task force among other things will now study how banking facilities can reach this section of society and linkages forged to connect them to advantages of financial inclusion.
- Categories
- Finance
- Region
- South Asia
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