The report was launched at Sa-Dhan Conference in New Delhi on March 15, 2011. Manoj K Sharma, Director, MicroSave India, presented the key highlights of the report at the conference.
Deposit Assessment in India report authored by MicroSave is part of a wider study supported by International Finance Corporation – “Industry Mapping of Small Balance Deposits in South Asia (India, Nepal, Sri Lanka and Bangladesh)”. This study details the needs and preferences of micro-savings clients in South Asia and to support the development of client-responsive products and delivery processes.
The report is a detailed study on supply and demand side of microsavings options for poor people in India, a country where microcredit is predominant. It highlights regulatory and operational challenges and opportunities for financial institutions and mobile banking platforms that want to serve the low-income market. This study provides direction and enables financial institutions to offer tailored products for low income people. The report is also a medium to emphasise the increasing importance of microsavings and its critical role in achieving financial inclusion.
The insights provided by various stakeholders – MFIs, cooperatives, non-bank financial corporation, banks, insurance companies and microfinance clients are an integral part of the entire report.
Microsave IFC Deposit Assessment in India Report 2011
Download it from the Micro Save Website
Source: Micro Save