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India’s Jana Small Finance Bank launches commercial operations
Bengaluru-based Jana Small Finance Bank looks to turn profitable by the end of fiscal 2019.
- Region
- South Asia
- Tags
- microfinance
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Viewpoint: Here is Why Social Entrepreneurs are Silent Revolutionaries
State Institutions lack typical characteristics that enterprises have – greater focus on outcomes and ability to explore various models to solve complex problems. That is where social entrepreneurs come in.
- Categories
- Uncategorized
- Region
- South Asia
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LeapFrog Takes Majority Stake in India’s Ascent Meditech
LeapFrog Investments, an emerging markets-focused private equity firm, has acquired a majority stake in the Indian health products company Ascent Meditech Ltd.
- Categories
- Health Care
- Region
- South Asia
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India’s Banking Revolution Has Left Its Villagers Behind
Because Modi’s government effectively forced poor citizens into the banking system by linking some welfare benefits to bank accounts, villagers have ended up stuck in long queues and struggling with ATMs that often run out of cash or break down.
- Region
- South Asia
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Fintechs in India cater mostly to the affluent, huge potential in lower middle class: J P Morgan
Fintechs have an opportunity to cater to the lower middle income or LMI segment with an income ranging from $2 to $10 a day and are about 600 million in number.
- Categories
- Finance
- Region
- South Asia
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Alternate lending platforms are fixing India’s financial inclusion problem, becoming enablers for SME funding
Today, India's MSMEs and their business owners are finding new-age digital startups and alternate lending platforms to be the most effective institution to disperse credit.
- Region
- South Asia
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RIP, Tata Nano: World’s cheapest car goes up in smoke
The Nano’s failure to sell stands in stark contrast to the rest of the Indian car market. From motorbikes to cars and trucks, growth in every segment is picking up. Passenger vehicles, including SUVs, jumped 38 percent in June.
- Region
- South Asia
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Samsung goes big in India with ‘world’s largest mobile factory’
Samsung India CEO HC Hong described the factory as a "symbol of Samsung's strong commitment to India and a shining example of the success of the government's 'Make in India' program."
- Categories
- Technology
- Region
- South Asia
- Tags
- manufacturing
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