The Reserve Bank of India released the “Draft Guidelines for ‘on tap’ Licensing of Universal Banks in the Private Sector”, that relax earlier stringent conditions for bank licenses. This move opens up India’s banking sector to more competition that should result in greater access to financial services across the country. Suggestions/comments on the Draft Guidelines can be mailed to nbddbr@rbi.org.in by June 30, 2016.
The March 2016 ICFI Policy Brief “Aadhaar: Understanding Content, Intent and Portent” examines the evolution of Aadhaar since inception till the passing of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Bill, 2016 as a money bill.
The monthly newsletter from the Indicus Centre for Financial Inclusion documents the latest news and views in the financial inclusion space. Editor: Sumita Kale can be contacted at sumita@indicus.org. The Indicus Centre for Financial Inclusion was launched in 2011 to distil and disseminate information on accelerating the poor’s access to high-quality financial services. The Centre is supported by the Bill & Melinda Gates Foundation. http://www.indicus.net/icfi
Building the Agent Network for Financial Inclusion