India’s vast population of the financially un-served and the under-served presents a huge opportunity for banks, insurance companies and other service providers. Government initiatives such as the Jan Dhan Yojana and Direct Cash Transfers have helped push the financial inclusion agenda forward. Microfinance institutions and banks, too, have been tapping into the opportunities, though challenges remain. A panel of executives at the News Corp VCCircle FinServ Summit, held in Mumbai last month, discussed how the industry can achieve the financial inclusion goals. Watch the video for more.
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