financial inclusion map india 2014

What is more important than Financial Inclusion in India?

By Seema Sahai The policy landscape in India is marred with an obsession for targets in terms of number. People below poverty line, income level for poverty line, workers in informal sector, number of school drop-outs and number of mal-nourished children, all these have been just reduced to figures in books and speeches of politicians. Qualitative analysis of the problems facing […]

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IFMR Capital’s credit ratings upgraded by ICRA and CARE

IFMR Capital, has been assigned an enhanced long-term credit rating from A to A+ by ICRA and enhanced short-term credit rating from A1 to A1+ by ICRA and CARE. The ratings have been upgraded in view of the improvement in capital adequacy levels, increase in portfolio diversification towards new asset classes along with growing business […]

india innovation 2014

India Innovation Initiative 2014

India Innovation initiative 2014 is now accepting applications from Innovators, NGO’s and Companies for development of break-through technologies that will benefit society. The objective of this initiative is to strengthen the entrepreneurial eco-system in the country and short-listed projects stand a chance of receiving funding from government agencies to take their ideas to the market. […]

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Jan Dhan Yojana – Withdrawal Limits

All newly opened bank accounts under PM Jan Dhan Yojana have a monthly limit on withdrawals in the account which is set to Rs 10,000. Some financial inclusion experts feel that this cap could deter people from opening accounts under Pradhan Mantri Jan Dhan Yojana. These accounts also carry a upper limit on deposits which […]

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Microfinance Companies in India register 44% growth in Q1

Microfinance Institutions Network , the industry body of Microfinance Companies in India announced last week that MFI’s registered a growth of 44% on their Gross Loan Portflio to touch Rs 26,150 crore in the first quarter of FY2015 when compared to Q1 of FY2014. The top states which saw the largest increase in disbursements were […]

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5th Sitaram Memorial Lecture

The Fifth Annual V. Sitaram Rao Memorial event was organized in Hyderabad on July 10, 2014. The occasion saw Prof. Shantha Sinha, winner of the Ramon Magsaysay Award for Community Leadership and Founder, Mamidipudi Venkatarangaiya Foundation, give a talk on ‘Adolescent Girls – Path to Education’. The event was organized by SKS Microfinance. Watch the […]