rbi branch data

The Reserve Bank of India (Department of Statistics and Information Management) today published its “Branch Banking Statistics-Volume 4: March 2009″. The publication is based on the latest available information on bank branches. The volume contains 25 tables providing the number of branches/offices of all commercial banks in India, at different levels of aggregation, namely, region, [...]

shree kumar intelecap ceo

Intellecap, a social investment banking and advisory firm, announced this week the appointment of Mr. Krishan Sree Kumar to the post of CEO. Krishan Sree Kumar, an alumnus of the Indian Institute of Technology Delhi and the Indian Institute of Management Bangalore, has over 25 years of experience in management, strategy, consulting, offshore services, IT [...]

Economic times banking conclave

The Economic Times is organising the fourth edition of ‘The Economic Times Banking Technology Conclave 2010′ scheduled in Mumbai on September 3rd, 2010. The event is taking place at The Trident, Bandra Kurla Complex,Mumbai from 0900 hrs to 1730 hrs. The welcome address would be delivered by an eminent person for The Economic Times and [...]

good root capital

Good Capital LLC (www.goodcap.net), the San Francisco-based manager of the Social Enterprise Expansion Fund, announced today a $200,000 subordinated loan to Root Capital (www.rootcapital.org), a nonprofit social enterprise that is pioneering finance for rural communities in developing countries. As a part of this groundbreaking impact investment, Good Capital and Root Capital have developed a multi-year, [...]

citi vikram award

Vikram Pandit, Chief Executive Officer of Citigroup, was named Global Business Leader of the Year by leading news organization NDTV Profit. The award, part of NDTV Profit’s annual Business Leadership Awards, was announced at a ceremony presided over by Honourable Finance Minister Mr. Pranab Mukherjee in Mumbai. Pramit Jhaveri, CEO, Citi India, accepted the Award [...]

sks microfinance logo

SKS Microfinance has risen by more than 30% on it’s issue price of Rs 985 . The market capitalization of SKS Microfinance, India’s largest micro finance company which listed on the stock markets on the 16th August 2010 has crossed US$ 2 Billion in a short span of two week. The stock also made a new 52 [...]

Why microfinance doesn

Book review: Milford Bateman, 2010: Why Doesn’t Microfinance Work ? The destructive rise of local neoliberalism. London: Zed Books. Since the inception of this blog, one issue which has been critically explored again and again is the dominant position of microfinance in the field of international development. More recently, we followed how, in the wake of [...]

m cril microfinance

Given below is the M-CRIL Microfinance Review 2009 report released in late 2009. Micro-Credit Ratings International Limited is one of the pioneers of financial performance ratings and the worldwide pioneer of social rating for MFIs. This paper presents the summary version of the M-CRIL Microfinance Review 2009 that analyzes the performance of Indian microfinance from [...]

Rangde.org a startup peer to peer lending microfinance company has been featured in the Independence Day special issue of Outlook Magazine. The article on Rang De follows below. Capital With A Conscience Rang De helps the haves lend money to the most desperate among the have-nots. Chennai-based book publisher Badri Seshadri is an unlikely lender. [...]

suryoday microfinance private equity

Suryoday Microfinance Pvt Ltd (Suryoday), a microfinance institution based in pune has announced the successful closure of its Series B equity financing for a primary infusion of INR 175 million led by Lok Capital and Aavishkaar Goodwell, two leading equity funds operating in India, that invest in social businesses. As part of the current transaction, [...]

Bandhan Microfinance

Kolkotta based Bandhan Microfinance is said to be looking for a private equity investor who can infuse upto Rs.100 crore into the company, a top company official said to media last week. Bandhan Microfinance is said to be in talks with atleast three foreign institutions for the investment. Speaking to the media – Mr Chandra [...]

microinsurance innnovation

Should we keep on calling insurance for the bottom of the pyramide “micronsurance”? That’s the question Peter Wrede from AKAM proposes to discuss in the editorial. The Newsletter highlights the Facility’s new grantees, presents lessons concerning the distribution channels and shares publications and opportunities for the sector. Download ILO’s Microinsurance Newsletter at the link below [...]

microinsurance aga khan

By Peter Wrede “Insurance the poor can afford,” was a slogan we used in the early days of our microinsurance expansion to promote our services. Until one day a lady in rural Pakistan said, “that is not for me—I’m a teacher, I’m not poor.” That day we learned to be careful with the word “poor.” [...]

tensing

By Tensing Rodrigues , IMBN When I began selling insurance back in mid-nineties, the scene was far different from what it is today. At the pre-license training we were told that insurance selling has to be necessarily need based. I know that statement does not mean much; even today insurance industry swears by need based [...]

Grameen Foundation releases new standards for Progress out of Poverty Index

September 1, 2010
grameen progress poverty

NGO to Certify PPI Users Who Comply with New Standards for Using the Poverty Assessment Tool Grameen Foundation  announced this week the release of a new set of standards for using its poverty assessment tool, the Progress out of Poverty Index (PPI). The standards are a pre-cursor to a formal certification program the foundation will roll out this [...]

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Grameen Foundation gets Rs 1 Crore from American Express

September 1, 2010
grameen american express

Fueled by a passionate grassroots social-media campaign, Grameen Foundation today was announced as a winner of $200,000 in funding from the Members Project® by American Express and Take Part. During the 12-week contest, which ended Aug. 22, members of the public voted weekly for their charity of choice. Grameen Foundation led the voting in its “Community [...]

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Website Maintenance Notice

September 1, 2010
india microfinance

Indiamicrofinance.com was not functional for the last few days due to some technical difficulties. There has bee no updates since 24/08/2010. The issue has been resolved and the website has been upgraded.If you encounter any technical difficulties in accessing the website kindly contact us at feedback@indiamicrofinance.com We are sorry for any inconvenience that his downtime [...]

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How to avoid your Start Up from getting a Hangover !

August 24, 2010

If you are thinking of starting up or already have taken the leap, consider some tried and tested remedies that can prevent your start up from getting a nasty hangover: H = Hanging Out With Friends The worst hangovers happen when you hang out with close friends and folks with whom you feel uninhibited. It [...]

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