News Archive - Page 88 of 366 - Re-emerging World

Recent Developments, <br /> Key Innovations, and <br /> Insightful Reports

Recent Developments,
Key Innovations, and
Insightful Reports

Your One Stop Platform for Regular Sector Updates

Sector news

India: Microfinance firm, Grameen Koota raises US$ 9.8 million

Grameen Koota, otherwise known as Grameen Financial Services has raised its third round of equity, raising a total amount of US$9.8 million or INR 532 million from three firms – Incofin, Vreation Investments and MicroVentures. Read more here. This has raised hopes in the robust return of microfinance institutions in […]

April 17, 2013

Standard Chartered and ADB to boost microfinance across Asia

The Standard Chartered Bank and ADB (Asian Development Bank) are partnering to help ADB’s developing member countries better avail services of microfinance. Under this initiative, Standard Chartered is going to be originating and servicing an amount of US$ 150 million for loans to the poor across Asia. ADB will partake […]

April 17, 2013

India: Giving a voice to women

This post outlines the microcredit based development that an organization called Deepalaya has been bringing about in the rural parts of the state of Haryana in India. The women are tangibly able to speak out for their needs and become self-sufficient. Read more here.

April 17, 2013

VimoSEWA partners with SHGs for innovation in microinsurance

VimoSEWA, the microinsurance cooperative of the SEWA, or the Self Employed Women’s Association, is looking for a network of SHGs to partner with so as to roll out its microinsurance products. Read more here.

April 17, 2013

Does microfinance really empower women

This post talks about whether microfinance really has a significant role to play in the empowerment of poor women in developing countries. It cites a number of examples which criticises the use of access to microfinance as an adequate measure of woman empowerment. Read more here.

April 17, 2013

Nigeria: Potentially, 112 million microinsurance customers

NAICOM (National Insurance Commission), the regulator of the risk bearing industry in Nigeria has announced that there may be as many as 112 million microinsurance customers in the country. It also mentioned the commencement of work on fine-tuning the regulatory and policy framework for microinsurance. Read more here.

April 17, 2013

India: Is scaling up the sale of microinsurance products the solution?

Mr P Chidambaram, the Finance Minister of India recently announced in his Union Budget speech that Banking Correspondents are now also to sell microinsurance products to the poor in remote and rural areas. However, according to experts the prevailing problem of microinsurance in the sector has not been of acquiring […]

April 17, 2013

India: Can MFIs succeed in the banking scenario?

According to D Subbarao, the governor of the Central Bank of India, financial inclusion is the most important goal for the country. Given that most MFIs have successfully banked the poor, should they be given a chance to enter mainstream banking by being awarded new banking licences over typical PSUs […]

April 17, 2013

Across the entire spectrum – microfinance to financial inclusion

The term microfinance is now synonymous with a range of financial services targeted for the low and middle income earners in the society. There are a number of financial services that the poor need besides microcredit, and these include savings, insurance and more. This post goes through the current spectrum […]