Rang De is India's peer-to-peer lending platform that enables individuals to invest in entrepreneurs from low-income households across India and create sustainable livelihoods. Rang De has a radical, uncompromising vision of ending poverty by sustainably leveraging cutting-edge technology to expand access to credit. It has worked across 18 different states and provided customized loans to borrowers from 9 different sectors. In 2017, the peer-to-peer lending space was regulated by RBI and to comply Rang De has transitioned into an NBFC P2P.
Smita Ram co-founded Rang De in 2008. Earlier, she was finance & administrative officer at Oxfordshire County Council and special educator & social worker at FAME India. She has done 'Entrepreneurship for Women' from Indian School of Business, master's degree in social work from School of Social Work, and Bachelor of Arts from Christ University.
LET SYSTEMIC CHANGES HAPPEN
As per ILO's recent report, only 19 women out of every 100 are part of the workforce in India. This data indicates the huge gap that exists in women who can be part of the workforce but who aren't. This should be a huge concern for all. Various factors contribute to this gap but what needs to be addressed are the systemic changes that will enable women to play an active part. These systemic changes need to happen at different levels.
Denne historien er fra March 2023-utgaven av Banking Frontiers.
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Denne historien er fra March 2023-utgaven av Banking Frontiers.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Swedbank leverages data to the hilt
Sweden's Swedbank takes innovation to a different level by collaborating with other competing banks:
Digitization is for customer satisfaction, says Argenta Bank
Belgium's Argenta Bank has designed its digitization efforts to enhance customer experience:
Speed, Safety, Compliance
Brijesh Samantaray, Co-founder, Propelld shares the current trends in the education loans how the company is leveraging technology:
Unique methods in fraud perpetration
When we look at some of the very serious frauds that had taken place in the financial realm, it is evident that the perpetrators are somewhat ingenious:
NBFCs: Elevating Organizational IQ
What is more important than hiring smart people is raising organizational IQ. This topic was discussed in depth in a panel discussion at NBFC's Tomorrow conclave organized by Banking Frontiers. Edited excerpts:
Trustful Transformation
Transformation is no longer only about growth & efficiency. It involves aspects like compliance, security and explainability that are impacting NBFCs. These issues are explored in this panel at NBFC's Tomorrow:
CEO Panel: Connecting Traditional Wisdom with Modern Intelligence
Banking Frontiers organized its annual NBFC Conclave titled NBFC's Tomorrow in August 2024 at Mumbai. Highlights of the first panel discussion:
NBFCs EXPERIENTIAL EVOLUTION, TRUSTWORTHY TRANSFORMATION
Banking Frontiers organized NBFC's Tomorrow, its annual NBFC Conclave, in Mumbai on August 21. The program comprised panel discussions on 5 upcoming opportunities for the NBFC sector, along with presentations, fireside chats and a keynote address. Edited excerpts from the conclave:
Smart ATMs - an indication of a resurgence
Smart ATMs can be the future way of how one may be interacting with a bank and doing transactions:
Personalization scores with HNWI & YP
Ghulam Haidar Rasooli, Chief Financial Officer at Afghanistan based Ghazanfar Bank, reveals the impact of personalization and future roadmap:
