Aware, Awake & Arise: Issues that concern the region

Wednesday, April 16, 2008

Standard Chartered Bank celebrates 150 years in India

Standard Chartered is setting up a $500 million microfinance facility that will touch an estimated 4 million people in emerging markets. In India, we will partner with more than 20 microfinance institutions by December, extend operations to the North and North East, which are relatively untouched by the banking industry, and extend our strong capital market capabilities to microfinance institutions.

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