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Regulatory approved category of intermediaries Other intermediaries. Till date, the following have been allowed to act as intermediaries by the regulatory authorities; FINANCIAL INCLUSION INTERMEDIARIES IN INDIA • Business correspondents • Section 25 companies registered under the companies act,1956 • Non-governmental organization • Self –help groups • Microfinance Institutions • Civil society organizations • Retired bank employees • Retired bank employees • Ex-servicemen • Individual owners of Kirana/ medical/ fair price shops • Individual PCO owners • Agents of small savings schemes of goi • Agents of insurance companies • Individuals petrol pump owners • Authorized functionaries of self-help groups • Other individuals including those operating common service center as Bcs • ‘for profit ‘ companies • Microfinance Companies registered as NBFC’s Other intermediaries include contractual/fixed tenure/trainee staff employed by the banks....

What is Link Intime? Link Intime are in the Corporate Registry business and are on top of the charts in that segment in India. Apart from that, their name is ever-present in the IPO scenario and stock-related stuff, like rights issues or buybacks. The company has a global presence and operates in multiple foreign locations, and is a part of the Link Group. Link Intime platform has also been the top IPO handler, a total of 10 times in the past 16 years....

Merchant Navy Salary Per Month, Job Profile, Career As we have told earlier, Merchant Navy looks after the import and export of goods which is a crucial job when you take into account that more than 90% of the goods transported around the world are done through waterways. It is also a secure job as it is managed by the government of India. Let us learn more about this job....

The Turn of Events and Current Status There are times when “I told you so” is the least desirable outcome but the worst fears/concerns highlighted by MicroSave over the past two years have begun to come true. The current Andhra crisis started when the Task Force Committee (TFC) started receiving complaints related to unethical practices of some of the MFIs working in Andhra Pradesh. Simultaneously concerns were raised by NABARD and other regulatory authorities which led to demands for more stringent regulatory requirements for the MFI sector....

The United National Liberation Front (UNLF) is one such organization that has microfinance operations in the northeastern state of Manipur. The UNLF is a banned organization that has been waging an armed struggle against the Indian state since 1964 for the establishment of an independent socialist Manipur. It began it’s microfinance schemes more than 4 years ago and currently reaches out to more than 2500 entrepreneurs and women in rural parts of Manipur state....

MS Dhoni Net Worth, Salary, Properties After 28 years, Team India finally made it to the World Cup under Dhoni’s leadership. With a victory in the 2007 T20 World Cup, he helped Indian cricket experience a comeback. And ever since joining the IPL’s Chennai Super Kings, Dhoni’s popularity has multiplied. Top companies still seek him to advertise their products, which accounts for the majority of MS Dhoni net worth. About MS Dhoni MS Dhoni is an Indian professional cricketer who was born on July 7, 1981....

RGVN MICROFINANCE Headquartered in Guwahati, RGVN Microfinance operates through a network of 107 branches spread across 31 districts in the five states of Assam, Nagaland, Meghalaya, Arunachal Pradesh and Sikkim. Performance on key parameters The mid-sized MFI had a loan portfolio of Rs.115 crore as of September 30, 2013. The pace of growth has declined significantly since 2012-13. In addition, the business continues to be highly concentrated in Assam Asset quality is moderate; the 90+ days past due was around 0....

Slice App Review: Features, Benefits, Fees In the world of fast spending, there is no time to wait and build credit score to get your credit card approved. People nowadays want the benefits of credit card instantly and Slice app is perfect for that. Let us learn more about this app. What is Slice? Slice is a digital lending application that, in association with numerous NBFCs, provides the Slice Credit Card....

MICRO HOUSING LOAN SCHEME BY SWARNA PRAGATI Launched on International Women’s Day the scheme is focused on women beneficiaries particularly those belonging to Low-Income Groups (LIG) and Below Poverty Line (BPL) families in underserved rural areas including landless laborers and small and marginalized farmers. The company proposes to use the huge network of Self Help Groups in the villages to identify clients and monitor the loans. The entire loan delivery process including identification, sanction, disbursement, monitoring and follow up will be handled by them with the support of grassroots NGOs....

Top 50 Richest Celebrities in the World with Net Worth Our list includes the wealthiest musicians, rappers, actresses, and models. Most of these celebrities live a luxurious life and have a loyal fanbase. They influence their industries in many ways and have contributed significantly in their respective fields. Let us begin our list. 1. George Lucas George Lucas, a director, writer, producer, and businessman, has a $10 billion fortune. He is well-known for producing the Star Wars and Indiana Jones film series, which have collected more than $12 billion at the global box office....

To put it in simple terms, a payment gateway is a secure page where you have to fill in the details of your financial instrument and complete the transaction. You will need to set up a payment gateway if you want to accept payments online. If you are a popular blogger you do not need a payment gateway unless you intend to sell digital goods and services on your blog....

UTKARSH MICROFINANCE Performance on key parameters Has ramped up business considerably over the past three years; the loan portfolio and borrower base grew at CAGRs of 204 and 163 percent respectively during the 3 years ended March 31, 2013. Operations are however concentrated in Uttar Pradesh, which accounts for nearly 60 percent of its loan portfolio as on September 30, 2013 The asset quality has been healthy. The collection efficiency has been maintained at close to 100 percent....

What do we mean by Exit Load in Mutual Fund? We are a generation that grew up with the line mutual funds are subject to market risks and this is because that is all we know in the name of safe investments. Since mutual funds are so celebrated amongst a whole generation and our parents it makes us curious as to what phenomenon mutual funds exactly are. Let us begin with that....

Start earning today with work from home online jobs Before you start your first online job, sign up for a digital wallet where you can receive your payments. By linking your digital wallet to your bank account by using your debit card, you can get the money transferred to your account easily. Sign up using the form for a Paypal India account List of Legitimate online part-time jobs 2016 1. Solve Captchas Online while sitting at home You can easily earn an income of US$220 (Rs 15,000) per month by solving captchas....

Download the Report at the link below: Self-Help-Groups in India 2013 ABSTRACT In response to the problems of high coordination costs among the poor, efforts are underway in many countries to organize the poor through “self-help groups” (SHGs) — membership-based organizations that aim to promote social cohesion through a mixture of education, access to finance, and linkages to wider development programs. The authors randomly selected 32 of 80 villages in one of the poorest districts in rural India in which to establish SHGs for women....

Zerodha Demat account provides services at very low rates, which include equity investing, mutual fund investing, and so on. Incorporated in 2010 and operated by SEBI, Zerodha is India’s first broker by growth and volume. Customer’s pay brokerage while buying or selling stocks through Zerodha. It is the first broker to offer direct mutual fund investing, and charge no fee for investing in it and on top provides an additional saving over 2% yearly to the investors....

The reason behind the increase of people working from home and starting their own home based business in India has risen after the increased influence of the Internet on all the sectors. The Internet has changed the trend of the work that was just limited to 9 to 5 jobs as now people are doing freelancing or starting their own business by seeking help from the Internet. What makes a home based business successful?...

Role of Police Officers The role of a police officer demands honesty, an eye for detail, responsibility, patience, integrity, and much more. According to the bureau of labor statistics, a police officer makes $66,020 annually. The primary role of police officers is to enforce the law by different measures and is responsible for arresting people who do not abide by the laws. There might be a lot of challenging tasks that come your way as a police officer, thus, you will have to be prepared for it as every new day will come with different tasks....

26 Worst Colleges in America We have compiled this list of worst colleges in America based on various factors, including graduation rates, campus safety, and student debt. Without further ado, let us begin the list. 1. University of Montevallo This University was built in 1896 in Montevallo, Alabama; it is one of the worst universities in USA. Financial problems also affect the school, plus its facilities are also very poor. It has a very high dropout rate, and the few students that complete their graduation there often leave with a subpar education....

The demand for micro-workers who can perform micro-jobs is at an all-time high and many new websites similar to Mturk are now online. These websites are getting hundreds of new sign-ups every hour as more and more people want to earn easy money sitting in the comfort of their homes. Are you ready to start working online? What is Micro-work? To those who are hearing about MTurk for the first time, the website offers small online tasks that could involve clicking on links, typing words, tagging images and collecting information from Google Search....