-
Why Is Financial Inclusion in India Not Improving?: New numbers, new approaches
In the past five years, the Reserve Bank of India has worked harder than many central banks in developing countries to bring financial inclusion to the BoP. Nevertheless, recent reports show that full financial inclusion is not happening, and is probably not even progressing by most important metrics. MicroSave’s Ritesh Dhawan explores why this is the case, and how things might improve.
- Categories
- Uncategorized
-
Airtel Money, VIVO Energy Sign Pact to Strengthen Cooperation in 15 African Markets
Vivo Energy, a Shell licensee in 15 African markets, and Airtel Money today announced a collaborative Pan-African agreement to strengthen both companies’ footprints in providing services to their growing customer base.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
OPINION: Why RBI’s decision on a Post Bank of India is a slap for Finance Ministry
The RBI’s decision on Wednesday to “consider” the application of Department of Posts for a banking license “separately in consultation with the Government of India” is literally a slap in the face for the finance ministry.
- Categories
- Uncategorized
-
OPINION: The Reserve Bank of India’s welcome conservatism
More than four years after the then Finance Minister Pranab Mukherjee announced the government's intention to issue more banking licences, this has indeed been done. In 2010, there was much fervour about financial inclusion and, against that backdrop, new banks were seen as an important means of boosting capacity and penetration of financial services.
- Categories
- Uncategorized
-
Weekly Roundup – 3/29/14: Blurred Lines in Banking – the changing definition of “bank” at the BoP
The Internet has reshaped banking in the U.S., where half of the population hasn’t entered a bank branch in the past month. This evolution has been even more dramatic at the BoP, where mobile and branchless banking services are making brick-and-mortar banks increasingly obsolete. We take a look at these changes in this week’s Roundup.
- Categories
- Entrepreneurship
-
Ghana’s Fidelity Bank inaugurates agency banking
Fidelity Bank has inaugurated its new banking model, known as Fidelity Agency banking, which allows the bank to use shops and supermarkets as bank agents, called as Fidelity Smart Agents.
- Categories
- Uncategorized
-
Headline: Financial Inclusion: Banking on Retail Agents in Nigeria
Given the high percentage of the unbanked population in the country, there have been a lot of initiatives targeted at bringing more people into the banking system. Today, Nigerian banks are increasingly developing products that support the financial inclusion initiative of the Bankers’ Committee, one of which is retail agency
- Categories
- Uncategorized
-
M-Pesa to start pilot on cash out services, looking at pan-India network
M-Pesa, the mobile wallet service of telecom major Vodafone, plans to launch out-cash services. A pilot programme will be launched soon, under which customers will be able to withdraw money from M-Pesa outlets.
- Categories
- Uncategorized
Parent Organization
