India has seen a number of experiments in social banking which had good intentions but were plagued by political myopia. Most of them started off ambitiously but ended in failure .The new initiatives beginning in the second decade of the twenty first century have made finance more inclusive and equitable. The increased availability of […]Read More
The coronavirus pandemic has thrown the microfinance sector off-kilter and made the road to recovery for an already besieged sector longer and harder. COVID-19 has inflicted the greatest pain on those who had already been rendered most vulnerable, spurring great hardship and growing unease among low-income families and micro-businesses. It has uncovered existing inequities and […]Read More
Mobile finance finds itself at an inflection point as the world continues to tackle the socioeconomic fallout of the COVID-19 crisis .The pandemic could be a game changer for digital Mobile-based payments .They have proved to be resilient to the pandemic and are expected to overtake card payments as their uptake will accelerate due […]Read More
Financial inclusion is increasingly getting a rural flavour – and opening up new business windows .The COVID-19 pandemic has put a flashlight again on the rural segment as a potential avenue of business for banks. With the workforce leaving congested cities and heading back to their upcountry homes, the role of banking correspondents (BC) is […]Read More
© 2020, Bankersfeed | Powered by The Social Lions