Articles for tag: Aye, Bank, Bolstering, Drive, Empower, Finance, Financial, Funding, Inclusion, microenterprises, Million, Mission, Secures, Slowing

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Amidst slowing bank funding, Aye Finance secures  million to empower micro-enterprises, bolstering their mission to drive financial inclusion.

Amidst slowing bank funding, Aye Finance secures $30 million to empower micro-enterprises, bolstering their mission to drive financial inclusion.

Aye Finance, a non-banking financial company based in Gurugram, has successfully raised $30 million in a Series G funding round led by ABC Impact, which is backed by Temasek. This funding comes just eight months after Aye Finance secured $37 million in its Series F round, bringing its total funding to $164 million since 2014. ...

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Wells Fargo launches a Transgender Hiring Program in India, enhancing workforce diversity and promoting inclusion for marginalized communities.

Wells Fargo launches a Transgender Hiring Program in India, enhancing workforce diversity and promoting inclusion for marginalized communities.

Wells Fargo is strengthening its commitment to diversity by launching the Transgender Persons Hiring Program in India. This initiative aims to enhance representation and provide professional development for transgender individuals, following a successful pilot program that hired 13 candidates in 2022. The program, in collaboration with the community organization PeriFerry, currently sponsors 30 transgender individuals ...

Market News

RBI Proposes Same-Day Loans for Vendors: A Bold Step Toward Inclusion

RBI Proposes Same-Day Loans for Vendors: A Bold Step Toward Inclusion

The Reserve Bank of India (RBI) is encouraging fintech companies to consider offering “same-day” loans specifically designed for street vendors and hawkers. These loans would allow borrowers to receive and repay funds within 24 hours, aiming to enhance financial inclusion for individuals at the lower end of the economic spectrum. However, sources indicate that interest ...

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