Entrepreneur gets big banks to back very small loans

Article Abstract:

Vikram Akula, SKS Microfinance Pvt. Ltd. of India lends small business entrepreneurs micro loans in a trend that is contributing to the growing economy. The micro loans empower the poor and particulary women in rural communities. Only about three percent of the micro loans are forfeited and the small business loan company has seen healthy profits over the last three years.

Industry forecasts, Microfinance

---

Bank Ready for India's Harvest

Article Abstract:

ICICI Banking Corporation Ltd. of India by aggressively developing retail banking services has become India's largest bank by market value. The bank has moved into the newly emerged middle class niche market offering credit card and car loan services. India's economy is growing but banking regulations on foreign banks are opening the market for national interests .

Financial management, Market share, Industry Overview, Finance, Company Profile, Company market share, Company financing, ICICI Banking Corporation Ltd.

---

Cashing in on the masses

Article Abstract:

The banking industry in India is cashing in on small value, mass customer base using indigenous technology and posting higher profits. The modern banking services like ATM are taken to the rural areas.

Forecasts and trends, Technology application, Market trend/market analysis

Similar abstracts:

• Abstracts: Efficiency of banks in a developing economy: the case of India. One-sided elasticities and technical efficiency in multi-output production: a theoretical framework
• Abstracts: Multi-role vessel to catch small SA quotas. Industry needs modern tonnage
• Abstracts: On-site assembly is fast and an average of a storey a should be readily available. Chicks with Bricks is not about altruism or political ideals: It's about economics, pure and simple
• Abstracts: Strategic route extension in transit networks. A model for the management of a tram fleet
• Abstracts: Israel sparks clash with plan to raze West Bank outpost. In Gaza, Mr. Rayes struggles to replant bulldozed olive trees

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.