Wednesday, March 6, 2013

Clips


Grameen Koota raises over Rs 53 cr in third round of funding

Microfinance firm Grameen Financial Services, popularly known as Grameen Koota, has raised its third round of equity funding of Rs 53.20 crore from Creation Investments, Incofin and MicroVentures.

http://www.thehindubusinessline.com/industry-and-economy/banking/grameen-koota-raises-over-rs-53-cr-in-third-round-of-funding/article4479058.ece

RuPay cards to reach out to more farmers by June 30

The National Bank for Agriculture and Rural Development (Nabard) wants the RuPay-enabled debit cards to reach out to a larger rural population and has asked all district central cooperative banks to implement core banking system by June 30.

http://timesofindia.indiatimes.com/city/pune/RuPay-cards-to-reach-out-to-more-farmers-by-June-30/articleshow/18824962.cms

Irda publishes five key reforms in gazette

The Insurance Regulatory and Development Authority (Irda) has published in the gazette of India five key reforms related to the sector, including new guidelines for insurers and reinsurers.

http://www.business-standard.com/article/finance/irda-publishes-five-key-reforms-in-gazette-113030500525_1.html

Is Banking Ever "Simple?"

In the United States, online banking has become the norm for many, with over 63 percent of U.S. households now using online financial services.*

http://cfi-blog.org/2013/03/05/is-banking-ever-simple/

Women and the Success of Mobile Financial Services

The mobile money revolution has been greeted with great excitement in some circles for the potential it holds to increase financial access for the world's poorest. Women may especially benefit from expanding financial inclusion through mobile financial services (MFS).

http://www.financialaccess.org/blog/2013/03/women-and-success-mobile-financial-services



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