Daily Archives | India
India among Largest Economies
April 30th, 2012
READ MORECNN has published an interactive chart of the ten largest economies in the world and their evolution in the coming years: United States, China, Japan, Germany, France, United Kingdom, Brazil, Italy, Russia and Canada. The study created by Andrew Bergman …
Financial Inclusion in India
April 26th, 2012
READ MOREThe modern model of microfinance was created in Bangladesh and India in an effort to achieve the financial inclusion of an impoverished population. According to the Reserve Bank of India the work to make available basic amenities for the poor …
Microinsurance Reaches 500 Million Persons
April 17th, 2012
READ MOREA new report published by the International Labor Organization assures that the number of microinsurance schemes has increased substantially over the five past years. The document, titled Microinsurance Compendium, Protecting the Poor says that “the number of people covered by …
Datsun Returns
March 22nd, 2012
READ MOREIn a press communicate issued this week Nissan Motor Company announced the return of Datsun, its iconic brand, after three decades out of the market. Originally conceived as a budget cart it will be introduced in Indonesia, Russia and India …
India: MF Industry Confident for Recovery
February 17th, 2012
READ MOREIn 2010 India microfinance industry suffered the deepest crisis in its history. Fifteen months after, major players appear to be optimistic for a revival in 2012. There are positive developments including the Microfinance Bill and an easing of liquidity crunch. …
The Basics of Financial Literacy
February 7th, 2012
READ MOREIn various parts of India Financial Literacy Education is being offered to clients along with access to basic financial services. According to the India Development Blog the initial findings indicate that Financial Education must: a) be simply, short and creative; …
The Resilience of Emerging Markets
February 2nd, 2012
READ MOREIn a conference organized by CNN in Davos financial experts considered that emerging markets could weather the financial storm over Europe and offer unprecedented opportunities for international investors. Ali Babacan, deputy prime minister of Turkey, asserted that non-European markets are …
Indian Markets Open to Foreign Investors
January 4th, 2012
READ MOREIndian authorities announced their plans to allow foreign investors to participate directly in domestic companies. According to a New Year’s Statement of the Finance Ministry, the government “decided to allow qualified foreign investors to directly invest in Indian equity market …
India: New Corruption Bill
December 28th, 2011
READ MORECorruption has been a chronic problem in India that has severely affected economic activities including microfinance. To address it the Indian Parliament began a three day season to debate and vote for the creation of a citizen ombudsman (or Lokpal) …
Indian Microfinance Registers Positive Growth
December 19th, 2011
READ MOREAfter the crisis in Andhra Pradesh most analysts were skeptical regarding the future on microfinance in India. One year after, the sector looks healthy. Last Monday at the Microfinance Indian Summit the document Microfinance India – State of the Sector …