Tag: Agent Networks

Cash withdrawals through micro ATMs have surged in the wake of covid-related disruptions in the operations of banks and business correspondents.
But a considerable number of these transactions fail, thus worsening the pain of the vulnerable sections.

Study on incentive compatibility in welfare delivery

Our analysis of last-mile delivery challenges

Public-Private Partnerships in Welfare Delivery in India: A Preliminary Review

Despite the best efforts by policy makers and state-owned banks, the last mile problem has been an insurmountable hurdle in the way of financial inclusion for the poor. Bindu Ananth, Chair – IFMR Trust & IFMR Holdings, busts some common fallacies about financial inclusion.

As part of Business Today Magazine’s 25th Anniversary issue, Bindu Ananth has written an article in the latest edition of the magazine.

Removing an earlier restriction that the Reserve Bank had placed on NBFCs, the RBI today has restored the permission for non-deposit taking NBFCs (NBFC-ND) to become Business Correspondents (BCs) to commercial banks, as recommended by the Committee on Comprehensive Financial Services for Small Businesses and Low-Income Households (CCFS).

Madhya Pradesh, with an area of 3.08 lakh square kilometres is the second largest State in India after Rajasthan1. It has a total of 50 districts2, 52,117 inhabited villages3 governed by 23,006 panchayats, and as per the 2011 Census, has a population of 7.27 crore4 with more than 75% of it residing in villages.

When you have two systems running in parallel, the hardest part is always managing the interface between the two. Customers don’t usually all migrate to the new system entirely and at the same time, so there is a need for the new system to offer backward compatibility with the older, more established system.

This post is a continuation of our Consumer Protection blog series. The next two posts would look at the Evolution of Consumer Protection Laws in India.