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The untold story behind IndusInd Bank-Bharat Financial merger
Bharat Financial’s earlier avatar SKS’s quest to become a bank started in right earnest from the day it realized that once small finance banks are in place, it would be difficult to successfully run the microfinance business.
- Categories
- Finance
- Region
- South Asia
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Press release: New FICO Credit Scores Provide Lenders Opportunity to Expand Access to Credit in India for Nearly 350 Million
FICO® Score for India is based on traditional credit data available from any of the major credit bureaus in India. FICO® Score X Data India, in partnership with LenddoTM, evaluates alternative data such as that from a consumer's digital footprint (web or mobile device) to produce a score for consumers who don't have enough traditional data on file with one of the Indian credit bureaus to produce a FICO® Score for India.
- Categories
- Uncategorized
- Region
- South Asia
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Could this 10-year-old fix Pakistan’s waste problem?
"This is a situation you can find across all of Pakistan - these bags are not biodegradable and people carelessly discard them. They don't really think about recycling," Zymal says.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- recycling, social enterprise, waste
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The female micro-entrepreneurs disrupting India’s garment trade
Industree Foundation has reached 30,000 women artisans across India and Africa, through collaborative efforts with organizations such as India based retail group Future Group, and IKEA, which teams up with social enterprises in India for its Next Gen initiative, which aims to enable social entrepreneurs to gain access to global markets.
- Categories
- Uncategorized
- Region
- South Asia
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What India can learn from Africa’s fight against Ebola, via a health summit in Sweden
While science and data must drive global health policies, making the messages relatable is equally vital.
India, which is facing its own communication challenges when dealing with both infectious and chronic health threats, needs lessons in cultural contextualization.- Categories
- Health Care
- Region
- South Asia
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Apple mulls introducing e-payment services in India
India's mobile phone payments market is riding on the wave of surging internet usage as more people get online to buy books, mobile phones, accessories, and apparels. According to a Boston Consultancy Group report, the country's digital payments industry will be worth about $500 billion by 2020.
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech
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How tech has relaxed Mumbai’s monopoly on finance
With the rise of tech startups that focus on financial services, the traditional banking landscape is transforming — and Mumbai, Delhi-NCR and Bengaluru are competing to become India's fintech capital.
- Categories
- Finance
- Region
- South Asia
- Tags
- fintech
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IndusInd Bank announces takeover of micro finance lender Bharat Financial
Chairman of the bank, R. Seshasayee, said the two boards met independently this morning and decided to go ahead.
It would help develop reach and would be a strong partnership. The two institutions had worked together for many years and were, therefore, comfortable with each other's people and culture, he said.- Categories
- Finance
- Region
- South Asia
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