The business correspondents (BCs) model, which was encouraged by the Reserve Bank of India (RBI) to promote financial inclusion in the country, is facing many challenges, according to a study by Sa-Dhan, the national association of community development finance institutions. The study, which focused on financial inclusion models including self-help group-bank linkage, microfinance institutions and BC model, pointed out that the BC model currently required urgent intervention to sustain........
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment