Posts by Manoj Nambiar and Shraddha Srimal
NB Financial Health
ThursdayShare / Comment
In a recent landmark ruling, the Reserve Bank of India has allowed non-banking financial companies to provide basic services such as bank accounts and transaction services. This paves the way for microfinance institutions to jump into the fray, and could drive true financial inclusion in a country where 720 million people still do not have a bank account.