shadow banks boost financial inclusion

Shadow banks key to India’s financial inclusion agenda

Shadow banks and commercial banks work in tandem to offer affordable loans and to reshape India's financial landscape for the underserved majority. #rbi #financialinclusion #banks #nbfcs Read more »
sustainability and justice

Financial inclusion: Time to tie up loose ends

India has done well to improve financial inclusion, but 28% of rural households and 80% of MSMEs still lack access to formal finance. Read more »
draft telecom bill

India makes strides in financial inclusion, but issues remain

RBI’s Financial Inclusion Index has risen to 56.4 in March 2022. This is a significant increase from 53.9 in March 2021 and is reflective of growth across all sectors, the report said. Read more »
UPI123Pay to enable offline payments on feature phones

Financial inclusion: UPI123Pay makes digital payments without internet possible

The RBI and NPCI launched UPI123Pay in March to enable offline payments on feature phones without internet access. Read more »