As the country evolves from opening Jan Dhan accounts to selling more complex financial products to even the last-mile consumers, the agent network of BCs is emerging as the most suitable distribution channel.
The COVID Impact redefined how we conducted business across the world, and more so in a nation of 1.4 billion people, India. With unprecedented disruption across industries, Fintech and especially Payment technologies hasn’t been far behind. This being said, India is positioned for further growth in the digital payment landscape. India Payments Innovation Summit, is a one-day strategic event which will ensure that we enter into the new era of paytech and payment innovations with absolute certainty of growth and
To offset Covid impact, restart monthly cash transfers to PMJDY beneficiaries: Business Correspondents’ body to FM
K.R.Srivats
New Delhi |
Updated on
May 08, 2021
BCs spread across the nation would ensure the last mile delivery to the beneficiaries even in underserved difficult geographies - MURALITHARAN A
BCs spread across the nation would ensure the last mile delivery to the beneficiaries even in underserved difficult geographies - MURALITHARAN A×
Move will support livelihoods hit by pandemic, says Business Correspondents Federation of India
Amid a raging second Covid wave that threatens to derail economic recovery, the business correspondents fraternity has urged the Finance Minister to restart the monthly cash transfers to PMJDY beneficiaries successfully done last year to offset the impact of the second wave on the low income households.
Vaccinate banking and insurance sector staff on ‘priority basis’: FinMin to States
April 26, 2021
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The Finance Ministry has asked State governments to put in place a special system to vaccinate employees of banks, insurance companies and financial services providers, including banking correspondents and cash logistic providers, on priority basis.
This is necessary, especially after the government’s recent decision to open up vaccination to all persons above the age of 18 years from May 1, said the Department of Financial Services (DFS) in a letter addressed to the Chief Secretaries of all States.
Enabling bank staff and employees of the financial services industry avail vaccination easily will go a long way in assuring them about their safety/life and will also boost their morale in continuing to provide best services to customers, the letter added.