Financial Inclusion

• Financial Inclusion

https://store.theartofservice.com/the-financial-inclusion-toolkit.html

Financial exclusion - The Alliance for Financial Inclusion

1 AFI uses a Polylateral Development|polylateral development model to contrast and compare successful

financial inclusion policies, focusing on a peer-to-peer system rather than

a top-down or North-to-South learning model.


Financial exclusion - MIX's work in the area of Financial Inclusion

1 These resources are developed in close collaboration with local stakeholders to ensure their relevance in supporting the

development and monitoring of financial inclusion strategies both at

the policy and operational levels


Financial exclusion - The United Nations and financial inclusion

1 The UN's financial inclusion product is financed by the United Nations

Development Programme.http://www.undp.org/content/india/en/home/operations/project

s/poverty_reduction/financial-inclusion/


Financial exclusion - Financial inclusion in India

1 However, illiteracy and the low income savings and lack of bank

branches in rural areas continue to be a roadblock to financial inclusion

in many states and there is inadequate legal and financial

structure.



1 In India, RBI has initiated several measures to achieve greater

financial inclusion,such as facilitating no-frills accounts and



1 India map of Financial Inclusion by MIX provides more insights on

this.https://store.theartofservice.com/the-financial-inclusion-toolkit.html


1 'Opening of branches in unbanked rural centres': To further step up the opening of branches in rural areas so as to improve

banking penetration and financial inclusion rapidly, the need for the opening of more

bricks and mortar branches, besides the use of BCs, was felt. Accordingly, banks have

been mandated in the April monetary policy statement to allocate at least 25% of the total number of branches to be opened during a year to unbanked rural centres.


Financial exclusion - Financial Inclusion Index

1 On June 25, 2013, CRISIL, India's leading credit rating and research

company launched an index to measure the status of financial

inclusion in India



1 The report highlights many hitherto unknown facets of inclusion in India. It

contains the first regional, state-wise, and district-wise assessments of financial inclusion ever published, and the first

analysis of trends in inclusion over a three-year timeframe. Some key conclusions

from the study are:http://crisil.com/Ratings/Brochureware/News/CRISIL-Inclusix-launch-pr_250613.pdf



1 * 'Deposit penetration' is the key driver of financial inclusion– the

number of savings accounts (624 million), is almost four times the number of loan accounts (160

million).


Financial exclusion - Tracking Financial Inclusion through Budget Analysis

1 While financial inclusion is an important issue, it may also be

interesting to assess whether such inclusion as earmarked in policies are

actually reaching the common beneficiaries


Financial inclusion

1 It is argued that as banking services are in the nature of public good; the availability of banking and payment

services to the entire population without discrimination is the prime

objective of financial inclusion public policy.


South Indian Bank - Financial inclusion Financial Literacy Centres

1 Financial Inclusion is all about extending basic banking facilities to the unbanked

/under banked villages and urban centres. South Indian Bank with its eight decades of experience in personalized banking services

has designed a simple, secure and smart banking product – ‘FINS Card A/c’ to achieve the goals of financial inclusion. So far, the

Bank has provided the basic banking facilities to the residents of FI villages through

Business Correspondents.


South Indian Bank - Financial inclusion Financial Literacy Centres

1 Recently South Indian Bank has introduced “KIOSK Banking Model as

Financial Inclusion Initiative in association with Akshaya e-centres in

the state of Kerala through the software service provider - M/s Tata

Consultancy services.


Bangko Sentral ng Pilipinas - Microfinance and financial inclusion

1 It is also one of the original 17 regulatory institutions to make specific national

commitments to financial inclusion under the The Maya Declaration|Maya

Declarationhttp://www.prnewswire.com/news-releases/maya-declaration-urges-

financial-inclusion-for-worlds-unbanked-populations-130887928.html during the

2011 AFI Global Policy Forum|Global Policy Forum held in Mexico.


Bank of Tanzania - Financial Inclusion

1 It is also one of the original 17 regulatory institutions to make specific national

commitments to financial inclusion under the The Maya Declaration|Maya

Declarationhttp://www.prnewswire.com/news-releases/maya-declaration-urges-

financial-inclusion-for-worlds-unbanked-populations-130887928.html during the

2011 AFI Global Policy Forum|Global Policy Forum held in Mexico.


Central Bank of Ecuador - Financial inclusion

1 The Bank is engaged in developing policies to promote financial inclusion and is a member of the Alliance for

Financial Inclusion. On April 26, 2012 the Banco Central del Ecuador announced it would be making

specific commitments to financial inclusion under the

The_Maya_Declaration#Additional_Commitment_Pledges|Maya

Declaration.https://store.theartofservice.com/the-financial-inclusion-toolkit.html

Bank of Uganda - Financial Inclusion

1 Bank of Uganda is active in promoting the policy of financial inclusion, and is a leading member of the [http://www.afi-global.org

Alliance for Financial Inclusion]. BOU is also one of the original 17 regulatory institutions to make specific national commitments to

financial inclusion under the The Maya Declaration|Maya Declaration, during the

AFI Global Policy Forum|Global Policy Forum held in Riviera Maya, Mexico in 2011.


National Bank of the Republic of Belarus - Financial Inclusion

1 The National Bank of the Republic of Belarus is engaged in developing

policies to promote financial inclusion and is a member of the Alliance for

Financial Inclusion.


National Bank of Ethiopia - Financial inclusion

1 The National Bank of Ethiopia is one of the original 17 regulatory

institutions to make specific national commitments to financial inclusion

under the [http://www.afi-global.org/ Alliance for Financial Inclusion's (AFI)] [http://www.afi-global.org/gpf/maya-

declaration Maya Declaration].


Royal Monetary Authority of Bhutan - Financial Inclusion

1 The Royal Monetary Authority of Bhutan is also active in promoting

financial inclusion policy and a member of the [http://www.afi-global.org Alliance for Financial

Inclusion].


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Financial Inclusion