Financial Inclusion

Recent Trends in Urban Micro-finance in India

December 25, 2015

Traditionally MFIs in India are serving the ‘unbanked’ rural India. Presently, the microfinance industry in India is serving more than 37 million customers. Though MFIs have started serving the rural India, in the recent past, it is observed that there is a shift from rural India to...

Various Perspectives: Mudra Bank

August 22, 2015

Micro Units Development and Refinance Agency (MUDRA) Ltd. Bank was launched on 8 April, 2015 as a subsidiary of SIDBI. This backgrounder deals with various current perspectives about Mudra Bank.

Small Finance Banks

April 26, 2015

On 27 November 2014, RBI had released the guidelines on Small Finance Banks along with the Payment Banks. The objective of small finance banks is to further financial inclusion by providing: Basic banking facilities to the unbanked and thereby boosting saving habits. Supply of credit to small...

Payment Banks

April 26, 2015

About 40%-50% of India’s 1.25 billion population is eligible to open a bank account, but is still unbanked . In the Union Budget 2014-2015, the finance minister Arun Jaitley announced that RBI will create a framework for licensing small banks and other differentiated banks. The objective of...

Jan Dhan Yojana and targeted subsidies

February 10, 2015

Examine the key features of the Jan Dhan Yojana and various challenges associated with this scheme. To what extent it might be helpful in rationalizing the subsidies?