World Bank believes in Indian microfinance; invests Rs 50 cr in Ujjivan
Microfinance firm Ujjivan Financial Services said it has raised Rs 47.28 crore from IFC, a member of the World Bank Group and foreign institutional investor FMO. FP
Microfinance and predatory lending: The same old story?
Though researchers have begun to question the extravagant claims for microfinance, many remain hopeful that it is a useful addition to the anti-poverty arsenal. LM
Gujarat HC order may set the tone for AP court MFI verdict
Legal experts say the Gujarat court’s order will have a ‘persuasive value’ on the Andhra high court.LM
South African team visits women SHG in India
A delegation from South Africa, representing its Department of Trade and Industry, visited Mudichur Village Panchayat near Tambaram recently, getting a first-hand-experience of women empowerment, an issue which the African nation has been giving a lot of importance. TH
A cashless India
Cashless transactions save money and are easy to monitor. RBI and govt must help them reach critical mass. BS
India lags behind emerging nations in financial inclusion – LM
IntelleCash Buys Arohan Financial Services
IntelleCash Microfinance Network Company Private Limited has acquired Arohan Financial Services Private Limited, microlender in Kolkata in a series of transactions for a total Rs 52 Crore.
Subscribe to Moneymint Weekly
Every Sunday we email people like you with top tips, insights and opportunities to manage your finances and build your online business. No hype, no scams, no fake gurus. Sign up below to get the next one.