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Innovative Banking Strategies for the BoP in India: Exploring ‘No Frills Accounts’ and the business correspondent model
In India, commercial banks have begun to comply with financial inclusion mandates, leading to innovative—though far from perfect—strategies to bank the poor. Yet even if promoting social inclusion may not be part of a bank’s business philosophy, the potential market for banking the global informal economy—estimated to be worth around $10 trillion annually—should speak for itself.
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- Uncategorized
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A Growing Lifeline: Mobile Technologies in Agricultural Development
For farmers, mobile devices can deliver services that help them improve their production, such as weather information and technical advice. For buyers, data delivered via mobile can increase their insight into volumes harvested and processed by farmers and their organizations during the cycle.
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- Agriculture, Technology, Telecommunications