Tuesday, August 26, 2014

There is a lag between opening a basic account and activation: Rajiv Sabharwal

............If you don’t open an account, you will never have a transaction. This is a chicken and egg situation; you have to start somewhere. These financial inclusion accounts will become viable with the money which the government has moved to the citizen. Once that happens and followed by the fact that once the habit gets created, the market can start extending loans.............

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