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SKDRDP touches new heights in door step banking

Shri Kshethra Dharmasthala Rural Development Project (SKDRDP) has taken lead in implementing the Business Correspondent and Banking Facilitator model (BC, BF) promoted by the Reserve Bank of India for financial inclusion of the excluded sector. SKDRDP is active in 11 districts of Karnataka state promoting 1,69,321 Self Help Groups (SHG) empowering 1.88 million families, Dr. D. Veerendra

Financial inclusion needs version 2.0

"Financial inclusion” is one of the goals of the current government, but the wobbly business case for a vast majority of business correspondents (BCs), built on wafer-thin margins but riding on a promise of large volumes, is falling apart.

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