Tag: India banking

In the first part of this post, I summarised and linked to some of the recent changes to the Indian banking landscape and the move towards wider financial inclusion. Payment banks and small bank licences issued by the Reserve Bank of India. While shifting the status quo, the central bank has relaxed some regulatory requirements.…

India seems to be leading the charge in financial inclusion today. With one of the world’s largest populations (banked and banked), the central bank needs to move fast and decisively. And is doing so by creating its banking big bang. The government started with the creation of biometric ID cards. The central bank (RBI) has…