Clips

Karnataka Municipalities Act, 1964: Functions & Functionaries – Part I

This post and the next one look at the Karnataka Municipalities Act, 1964, which is the enabling legislation for the 74th Constitutional Amendment Act in Karnataka. The two posts look at 3 main features of the Act- functions, functionaries and funds. The current post speaks about the first two features.

http://financingcities.ifmr.co.in/blog/2013/03/08/karnataka-municipalities-act-1964-functions-functionaries-part-i/

Financial regulators to sync efforts

Ahead of a new set of banks entering the Indian financial system, watchdogs agree to increase oversight.

http://www.livemint.com/Industry/TqP1WbdQqFTjMUWGRbXqjO/Regulators-sign-pact-to-monitor-financial-conglomerates.html

Life insurance sales pitch gets 'purer'

Don't be surprised if your life insurance agent pitches a pure term plan and the not the usual endowment, unit-linked and index-linked insurance products.

http://www.dnaindia.com/money/report_life-insurance-sales-pitch-gets-purer_1809110

Will This Bank Run Away? Women And Mobile Banking In Bihar, India

In Pilkhi village, Nalanda District of Bihar, in northern India, amid kerosene-lit lanterns that fight the encroaching darkness, I have a conversation with about 30 women. These women belong to the poorest families of the village, and have recently become part of self-help groups through a livelihoods project run by the state government.

http://www.cgap.org/blog/will-bank-run-away-women-and-mobile-banking-bihar-india

International Women's Day 2013: Where Are We With Women's Access to Financial Services?

http://cfi-blog.org/2013/03/08/international-womens-day-2013-where-are-we-with-womens-access-to-financial-services/

India: hint of recovery in microfinance

Grameen Financial Services, the prominent Bangalore-based microfinance institution, announced this week that it has raised Rs532m ($9.7m) in its third round of equity funding.

http://blogs.ft.com/beyond-brics/2013/03/08/india-hint-of-recovery-in-microfinance/#axzz2N16UMhRS

The Gender Gap in Access to Finance

International Women's Day is when we celebrate the strides made towards equality, but it also reminds us that gender is a powerful determinant of economic opportunities, particularly in developing countries.

http://blogs.worldbank.org/psd/the-gender-gap-in-access-to-finance

Getting the Problem Right

In terms of the age-old problem of helping farmers increase their productivity and income, I don't think agricultural credit and finance are the right problems to focus on.

http://www.developmentoutlook.org/2013/03/getting-problem-right.html