Global PE investors warm up to India's microfinance sector

Global PE investors warm up to India's microfinance sector | Economic Times

Global PE investors warm up to India's microfinance sector https://ift.tt/PNMrSBA one of the biggest investments in the microfinance space in recent times, British International Investment along with existing investors Incofin Investment Management, Nordic Microfinance Initiative (NMI) and Dutch impact investor Triple Jump will be putting in about $25 million or ₹196 crore in Ahmedabad-based Light Microfinance, which has made strides over the past few years.

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What happens if husband dies without a will | Economic Times

Given the uncertainty of life in the face of Covid-19, it is advisable to write a will if you have assets and want to pass them on to your family members smoothly. However, the urgency and importance of a will and nomination are not fully realised because no one believes it will happen to them.Especially vulnerable are dependants like children and homemaker spouses, who have stayed away from the entire process of financial transactions and wealth management. Women are typically unaware of their legal rights regarding property, let alone know how to access it. What should they do if their husbands die suddenly without a will? How is his property distributed and does it differ for women of different religions?1. Assets distributed as per law based on religionIf the husband dies intestate, i.e., without a will, the assets are distributed as per the law based on his religion. For Hindus, Jains, Buddhists and Sikhs, the distribution is governed by the Hindu Succession Act, 1956, and the Hin...

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