Financial Services

Public sector bank, UCO Bank, which offers credit for the priority sector in India, has launched a small and medium sized enterprise...

GE Healthcare’s research and development division in India recently designed and launched the MACi, a light-weight, battery-backed electrocardiogram (ECG) machine that will...

A number of Indian start-ups are developing technologies for last-mile connectivity for un-banked customers. Rural India customers frequently find it difficult to...

A publication by the Center for Strategic & International Studies in Washington D.C. has recently reported on the massive opportunity for financial...

Aavishkaar India, an early-stage venture capital firm, is looking to complete the fundraising process for its fourth and largest fund, likely to...

Indian financial inclusion service provider, FINO (Financial Inclusion Network & Operations), has tied up with NCR Corporation, a global technology company, to...

SKS Microfinance Ltd, The largest and only publicly listed microfinance institution (MFI), has faced a 12% reduction in its workforce for the...

In efforts to increase its rural presence across India, U.S. headquartered Western Union, a money transfer services company, has partnered with Microfinance...

International Finance Corporation (IFC) is planning to make a $45 million equity investment in an unnamed public-listed mid-size Indian non-banking finance company...

Recent New York Times Op-Ed by Thomas Friedman on a potentially large opportunity for mobile banking in India. Friedman sites Delhi based...

India's rural consumption market is projected to reach $600 billion by 2020, a major increase from its current level of $190 billion....

Indian social business and investment advisory firm, Intellecap, has recently launched the Intellecap Impact Investor Network (I3N) to help social enterprises raise...

India’s SEWA Bank (Self Employed Women’s Association), based in Gujarat, is set to potentially receive $10 million in funding from the International...

H. R. Khan, the Deputy Governor of the Reserve Bank of India and FICCI, discussed the importance of leveraging technology to service...

Union Bank of India recently stated that it expects its financial inclusion projects to turn profitable sooner than expected. The country’s fifth...

The U.S. – India Business Council (USIBC) and Confederation of Indian Industry (CII) are bringing together 80 leaders in the financial services...

In a move to promote financial inclusion in rural India, Hindustan Unilever Ltd. (HUL) is collaborating with public sector bank, the State...

The Reserve Bank of India (RBI) recently emphasized the need for banks to lend more to small and medium sized enterprises (SME)....

The Reserve Bank of India and industry leaders within India are continuing to look at ways to increase financial inclusion. Though most...

MUMBAI, July 7 (Reuters) - U.S. private equity firm Blackstone Group said on Thursday it will invest 1.5 billion rupees ($34 million)...

The Reserve Bank of India has recently requested that the country’s commercial banks scale their services so as to reach 72,000 villages...

An article in The Economic Times discusses the benefits of credit ratings for SMEs, which often find it difficult to access financing....

A New York Times article recently highlighted growing problems with inadequate housing and infrastructure in Indian cities. The influx of villagers moving...

Mumbai: The Securities and Exchange Board of India (Sebi) on Thursday set a minimum allotment size of Rs 50 million ($1 million)...

The Business Standard recently reported that Bank in Punjab have now reached all 1,576 villages in the state through an ICT-based ‘business...

A Business Line article discusses India’s progress in promoting financial inclusion across the country. With a greater number of initiatives aimed at...

By Logan Yonavjak, for NextBillion.net Ross Baird, executive director of Village Capital (VilCap), identified one of the main problems: even though there are over...