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MICRO PENSION FOUNDATION
Aadhaar key ID layer for India-first innovations: UIDAI CEO Saurabh GargIndia has generated 133 crore Aadhaar IDs till date, he said while speaking at the week-long Digital Week hosted by MeitY (Ministry of Elec...
ETtech Deals Digest: Eruditus, Menlo Micro, CredAvenue raise fundsSoftBank-backed executive education-focussed startup Eruditus, technology company Menlo Micro and online debt marketplace CredAvenue were a...
View: Digital transformation has reformed the ‘traditional’ industries to smart industriesThe way countries handle foreign policy will change irreversibly in the future due to digital transformation.
Pradhan Mantri Jan Dhan Yojana scheme completes six years, benefits 40.35 crore peopleThe Jan Dhan Yojana, which was announced by Prime Minister Narendra Modi in his Independence Day address in 2014, was launched on August 28...
Data oil to help run the economy on the digital highway: Nandan Nilekani, Non-executive Chairman, InfosysThe positive fallout of digital infrastructure is the abundance of public data, which helps the government measure and better manage variou...
RBI to soon launch financial literacy drive in 9 statesSix NGOs registered with the Depositor Education and Awareness Fund have been selected to execute the pilot project in collaboration with b...
Goldman, Credit Suisse keen to bank on micro lender Janalakshmi, eye Rs 1200 cr investmentSources said Janalakshmi is facing financial stress and may have to write off loans worth Rs 1500-2000 cr before transforming into a small ...
TPG leads $210-million funding in Janalakshmi Financial ServicesThe microlender, which is the country’s largest in terms of gross loan portfolio, also did not provide details about the buyers and sellers.
CDC Group invests Rs 330cr in Janalakshmi Financial ServicesThe capital will provide for the Tier II capital of the lender and help the newly selected small bank aspirant to roll out its services.
Despite many regulators, India’s financial system is closed & risk-prone; fix itIndia’s financial system is shallow, promoting inequality. This financial system requires reform, increasing access for the under-banked an...
Visa in pact to promote savings among low-income householdsVisa today said it has partnered with Micro-Pension Foundation to create a lab which help in channelling savings amongst the low-income hou...
Germany-based KfW buys 30% stake in Invest India Micro PensionInvest India Micro Pension Services, aggregator of regulated micro-pension and long-term micro-saving products for economically weaker sect...
- FSLRC moots new model for financial sector to ensure consumer protection
A panel set up by the govt to rewrite the country's financial architecture has backed the setting up of an independent office to manage gov...
- Aadhar provides national portability: Nandan Nilekani
For Nandan Nilekani, the chairman of Unique Identification Authority of India, the challenge now is not just to roll out one lakh or more A...
- Pension reforms: Retirement savings find way to stock market
Invest India Micro Pension Services will channelise retirement savings of nearly 61 million low-income earners into the capital markets. Sm...
- Enam Financial picks 10% stake in rural financial inclusion firm
The seven-year-old firm also received investment from Coronet Capital, a wholly-owned subsidiary of Legatum, around five months ago. Legatu...
- Poor can retire to a pension too
It’s a small beginning. But if things move as planned, India’s 360m workers, especially the poorer among them, will be able to retire with ...