Banks in India, whether large or small, have traditionally been required to adopt similar strategies to expanding their banking businesses.
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Banks in India, whether large or small, have traditionally been required to adopt similar strategies to expanding their banking businesses.
For the first time, the majority of Indian women have been financially included. Fresh data show that the proportion of Indian women with individual accounts in formal financial institutions (primarily banks) reached 61% in 2015, a sharp increase from 48% in 2014, lagging men by only eight percentage points.
For the first time, the majority of Indian women have been financially included. Fresh data show that the proportion of Indian women with individual accounts in formal financial institutions (primarily banks) reached 61% in 2015, a sharp increase from 48% in 2014, lagging men by only eight percentage points.
Taking a significant step towards curbing illegal collection of deposits by unauthorized and illegal entities, RBI recently set up a website named 'Sachet' (Alert).
Both financial inclusion and financial stability are high on international policy makers’ agenda. For instance, the G-20 has called for global commitments to both advancing financial inclusion (the Maya Declaration and the Global Partnership for Financial Inclusion) and enhancing financial stability (the Financial Stability Board, Basel III Implementation, and other regulatory reforms).
Why is malnutrition in India’s central belt, which includes the state of Madhya Pradesh and Bihar, so high and so persistent despite relatively high rates of income growth?
The latest edition of the Forbes India magazine features a cover story on IFMR Capital. The story traces the origins of IFMR Capital, its evolution over the years and how its work is translating into financial access for high-quality partner originators that it works with.
In this Annual IFMR Holdings update for FY2016, Sucharita Mukherjee, CEO, IFMR Holdings, in conversation with a Wealth Manager in the video below, narrates the journey so far and the road ahead.
There has been a strong national imperative to move towards a “cashless” economy in India[1]. Despite a substantive impetus from public and private sector forces, the adoption and use of digital modes of payment in the country remains paltry[
I met today with the promoter and CEO of one of our newer Small Business Loan Originators and visited some of their end borrowers in Bombay.
In all our research efforts, we strive to maintain an independent voice that speaks for the low-income household and household enterprises. Our ability to perform this function is significantly enhanced by our commitment to disseminate as a pure public good, all the intellectual capital that we create.
