Banking the unbanked: India's credit dilemma

As India seeks to hand out new bank licences, establishing data on banking behaviour in rural areas is critically important.
Banking the unbanked: India's credit dilemma
By Daniel Flatt
Aug 5, 2013
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On July 1, the Reserve Bank of India (RBI) announced that 26 companies had applied for licences to set up banks in a bid to expand access of financial services in a country where more people have mobile phones than bank accounts. We expect to find out the winners next year.

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