Unbanked Current Affairs, GK & News
The Airtel Payments Bank has launched the Bharosa Savings Account to deepen the financial inclusion in the country. It has been designed to serve the unique needs of under-banked and unbanked population of India. The account offers free Personal Accident Insurance cover worth Rs 5 Lakhs on maintaining a balance of just Rs 500 along ..
At the time the governments pet project Aadhaar is facing huge criticisms, a respite has come from the World Bank in its global Finindex database 2017. The World Banks observations in its Global Findex database 2017 related to financial inclusion are India’s “strong government” push to increase account ownership through biometric identification cards helped narrow ..
Topics: Aadhaar • Biometrics • Economy • Finance • Financial inclusion • Financial services • Identification • Identity document • Identity documents of India • Microfinance • National identification numbers • Unbanked