The quest for the perfect chip led PepsiCo to enter into a partnership with BASIX, a company that provides financial services to the poor. Was this relationship so rosy?
Managers are increasingly under intense pressure to manage perceptions of people regarding the company, especially if they feel that the financial statements might result in a decline in stock price
What is the future of Urban Cooperative Banks (UCBs) in the sphere of commercial banking institutions? This article discusses the advantages that UCBs have over conventional banks as well as the challenges they need to overcome to elevate their status and promote financial inclusion
Microfinance has been touted as an instrument that can raise the incomes of those living below the poverty line. But, can the Microfinance Institutes (MFIs) also make profit while “doing good?” Professor Krishnamurthy Subramanian compares the nonprofit and for-profit MFIs to examine whether profit maximisation by an MFI compromises on its social objectives
Can proceeds from bonds pay for vaccines in poor nations? This article presents an overview of impact investing with special emphasis on social impact bonds
Usha Thorat, Director, Centre for Advanced Financial Research and Learning (CAFRAL) and former Deputy Governor, Reserve Bank of India (RBI), was at the Indian School of Business (ISB) recently. Professor Rajesh Chakrabarti interviewed her regarding financial inclusion and the role of microfinance companies and Urban Cooperative Banks (UCB) in improving financial access
Professor K Ramachandran, Thomas Schmidheiny Chair Professor of Family business and Wealth management at ISB and Rachna Jha, Research Assistant, encapsulate the growth of philanthropy in India