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Banks could be easier to access at local shops

By Hicbd
Wed Nov 7 2012 3:36 pm

Banks could use local shopkeepers to take deposits into accounts and issue receipts to customers that a bank is legally obligated to honor rather than only using bank employees. India has enabled this through the Banking Correspondent Act.

URL:
http://www.amazon.com/Poor-Economics-Radical-Rethinking-Poverty/dp/1610390938
http://www.centre-for-microfinance.org/wp-content/uploads/attachments/csy/792/BC_PreExploration_Oct09.pdf

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Categories:
Banks Financial Services Foreign Aid International Development Asset Building

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