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About India's Financial Inclusion
The document discusses India's progress toward financial inclusion and argues for a revenue-generating bank-led model. It states that despite economic growth, financial exclusion affects nearly 60% of Indians. The author argues that addressing commercial issues like appropriate products for the poor, delivery channels, costs, viability, sustainability, and integrating inclusion into overall bank business models is vital. Banks need incentive to serve rural areas and develop simple, affordable products and address risks. A comprehensive approach addressing livelihood issues is needed for meaningful inclusion.
Detailed Information
| Author: | ['sankalp2rio'] |
|---|---|
| Publication Year: | 2013 |
| Pages: | 8 |
| Language: | English |
| Format: | |
| Price: | FREE |
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