Case Studies

Why branch-less banking will soon reach scale in India : Microsave Report

Microsave recently released a report on how the adoption of mobile and electronic payments is increasing leading to the emergence of a cash-light economy in India. The full paper can be downloaded at the link below :

branchless banking network

Download at the link below : 

Why E/M Banking Will Soon Reach Scale in India-pdf

Branchless Banking in India 2012



The Drivers For the Future

A Huge Un- and Under-banked Population

Demographic Dividend 

Demand for Agent-based, Bank-backed Services

Government of India and Reserve Bank of India – The Sticks

Government of India and Reserve Bank of India – The Carrots and Enablers 

Progressive Regulations

Requirements and Opportunities for Foreign Banks (and Possibly New Banks) from New Banking


G2P Schemes – Electronic Transfer of Benefits

NPCI’s IMPS and the Focus On Interoperability

Aadhaar – Unique Identification Authority of India (UIDAI)

Emergence of Business Correspondent Network Managers

Growing Evidence of Sustainable Agent Commission Models

Entry of Mobile Network Operators and Other Large Corporate Houses

Investments in Business Correspondents

MFIs and SHGs as Business Correspondents

The End Game: Opportunity to Develop a Cash-light Economy


Appendix 1: Top Level Indicators of Financial Inclusion in India

Appendix 2: Memo from Ministry of Finance To all Banks

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