Anirban Roy, Managing Director, SEED Financial Services has been featured in the CNBC TV18 Young Turk’s programme. SEED is one of the largest Business Correspondents in India working on Financial Inclusion projects with major public and private sector banks across India.The interview follows below.
About SEED Financial Services
SEED stands for Society for Educational Welfare and Economic Development and was established in 2006 with a vision of social inclusion. SEED started its remarkable journey by implementing grass-root level community development project for corporate houses – both public and private sector. SEED today is recognized as India’s leading integrated consulting, planning and implementation agency for its pivotal role in creating an alignment between business ambitions and community enrichment.
Leveraging its strong grass-root level understanding and diverse outreach, SEED has started working with the Indian banking fraternity towards the shared agenda of including the isolated population by reaching out to the under-banked and unbanked communities. SEED today is the largest Banking Correspondent and partner for both public & private sector banks in India for Financial Inclusion projects. We are engaged in planning and on-ground implementation of community enrichment activities aimed to meet India’s inclusive growth challenges with special reference to the disadvantaged and isolated sections of the communities.
SEED Financial Inclusion Projects
Under the Government of India’s Financial Inclusion program, SEED Financial Services is serving as a Business Correspondent to a number of public and private banks to initially mainstream the target communities with the formal financial system and subsequently provide avenues to help them to participate in the development process of the nation.
Partnering with leading public sector banks of the country such as the Punjab National Bank (PNB), State Bank Of India (SBI), State Bank of Hyderabad ( SBH), State Bank of Bikaner & Jaipur (SBBJ), Central Bank of India (CBI), Union Bank of India (UBI), Dena Bank, etc. as their preferred Business Correspondent, SEED has been conclusively supporting the Government of India’s ambitious Financial Inclusion program on ground having already opened 1.5 million smart-card based savings accounts.