The recent controversy surrounding the microfinance sector has entirely eclipsed the fact that it is the first effort in India to have delivered financial services to remote corners of the country in a self-sustaining manner.

Having understood the deep transformative potential of access to finance and the barriers to accessing it, here's a look at the fundamentals of the MFI cost structure in delivering finance.

The power of data is in being able to make sense of it. Sometimes however, under the enormity of data, the best of systems can throw a challenge in aiding the right decision.

This is the third of three-part series of blogs titled “Mobile money”. The authors explore and explain all about mobile banking and how it can make a difference to the rural population.

The Centre for Innovative Financial Design (CIFD) recently entered the survey stage of a research project concentrating on the welfare of India's sugarcane farmers. 

Third in the series of articles in The Hindu Business Line, Puneet Gupta and Jayshree Venkatesan of IFMR Mezzanine  Finance write about some of the barriers to accessing finance.

The best of intentions get thwarted ever so often, simply because the co-ordination and communication required are absent.

This is the second of three-part series of blogs titled “Mobile money”. The authors explore and explain all about mobile banking and how it can make a difference to the rural population.

"In 5 years, our village would have metal roads, hospitals and old-age homes to take care of the poor, the poor women who work for others now would become employers, giving employment opportunities to many other under-privileged people.

Recently our Rural Finance Technology team migrated our legacy core banking system to a new core banking system.