N-E: LOWEST AMONG ALL REGIONS
The microfinance portfolio is skewed with the Eastern and Southern regions together accounting for close to 60% of the total amount of microfinance disbursed and number of active microfinance loans in 2021-22. Going by the striking ascent of microfinance in the Eastern region in recent years, it can be concluded that this region has emerged as another hub of microfinance. Despite its proximity to the Eastern region, the share of the NorthEast has been in single digits and the lowest among all regions; the region has, in fact, been seen losing its share in recent years.
Almost all districts from the eastern region were covered by microfinance from banks in 2020-21. Similarly, in the Southern region too, banks provided microfinance in about 84% of the districts. The coverage of women through SHGs linked to banks through credit was also the highest in the eastern and southern regions.
Denne historien er fra January 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
Denne historien er fra January 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
Excelling by partnering with Fenergo, SBS, Aurai, Avanade & others
The Netherlands-based NIBC Bank defines itself as an entrepreneurial asset financier for companies and individuals, having funded private housing ventures, rental property, commercial real estate, infrastructure and cars and claims it makes a difference for its clients through long-term relationships based on knowledge and expertise.
Drive by Connectivity, Automation & Analytics: SEB
Skandinaviska Enskilda Banken, or SEB, promotes digitization as much as it operates as an established bank:
Afterhour Passions
Professional success is often shaped by what a person does afterhours. Let us look at a few such people and what hobbies recharge their body, mind and spirit:
A colossal rise in agri credit
A study by 3 academics on the impact of bank credit for agricultural sector reveals very encouraging trend:
The Future of Cybersecurity: Balancing AI & Human Expertise
There is no denying the fact that the continued evolution in AI will redraw the landscape of cybersecurity. In this respect, the future of digital defences rest on how effectively AI capabilities are balanced with human expertise.
REINFORCING BRAND COOPERATIVE
Banking Frontiers organized its annual Frontiers in Cooperative Banking Awards and Conference in Lucknow in October where stalwarts from the sector shared insights into progress achieved and gave guidance on the road ahead.
Magma HDI & Mahindra Finance collaborate to expand insurance access nationwide
Mahindra Finance, a leading player in India's non-banking financial services sector, has forged a strategic partnership with Magma HDI General Insurance Company to deliver customized general insurance solutions to its extensive customer base.
AI for underwriting, personalization, claims & more
Sunil Jain, Chief Digital Technology Officer, Pramerica Life Insurance:
IoT & Chatbots - a rich data trove
Aditya Mall, Appointed Actuary at Future Generali India Life Insurance reveals new opportunities in insurance and the enablers:
Marching hand-in-hand: Innovation & Automation
In the January 2024 issue of Banking Frontiers, Gyanendra Singh, CTO of Aviva India, had shared about how the company excels at RPA through governancebased implementation and pragmatic vendor selection. He shares more initiatives since then:
