Publication:
Self-Help Group Members as Banking Agents for Deepening Financial Inclusion

dc.contributor.authorPinto, Alreena Renita
dc.contributor.authorArora, Amit
dc.contributor.authorRoy, Sourav
dc.date.accessioned2020-11-02T21:50:56Z
dc.date.available2020-11-02T21:50:56Z
dc.date.issued2020-03
dc.description.abstractDue to the limited penetration of bank branches across rural India, access to formal financial services has been a pipe dream for millions of rural poor for decades. However, with the advent of branch-less banking channels and advancements in technology, this situation has improved considerably over the past decade. In 2013-2014, National Bank for Agriculture and Rural Development (NABARD) and German agency for International Cooperation (GIZ) jointly implemented a proof of concept entitled self help group (SHG) members as Business Correspondent (BC) Agents under the rural financial institutions programme (RFIP) and successfully demonstrated that SHG members as banking agents or customer service points (CSPs) could deliver last mile banking services to the rural community in a cost-effective and sustainable manner. It was in this context, that the Bank Sakhi (female banker friend) model - a gender focused variant of the traditional BC model, was adapted by National rural livelihood missions (NRLM) and piloted in seven states - via special funds made available under the dedicated funding line created under the National rural livelihoods project (NRLP) in 2015-2016. This pilot initiative was scaled up by several State rural livelihood missions ( SRLMs), which charted different pathways to improve formal financial access for rural women-led households, and promoted linkages with public and private and non-bank financial institutions.en
dc.identifierhttp://documents.worldbank.org/curated/en/662851590658776125/Self-Help-Group-Members-as-Banking-Agents-for-Deepening-Financial-Inclusion
dc.identifier.urihttps://hdl.handle.net/10986/34722
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesSouth Asia Agriculture and Rural Growth Discussion Note Series;No. 4
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectRURAL LOGISTICS
dc.subjectSELF-HELP GROUP
dc.subjectCOOPERATIVE
dc.subjectFINANCIAL INCLUSION
dc.subjectBANKING AGENT
dc.subjectCOOPERATIVE BANK
dc.subjectACCESS TO FINANCE
dc.subjectDIGITAL FINANCIAL SERVICES
dc.subjectAGRICULTURAL EXTENSION
dc.subjectMOBILE MONEY
dc.titleSelf-Help Group Members as Banking Agents for Deepening Financial Inclusionen
dc.typeBriefen
dc.typeFichefr
dc.typeResumenes
dspace.entity.typePublication
okr.crossref.titleSelf-Help Group Members as Banking Agents for Deepening Financial Inclusion
okr.date.disclosure2020-05-28
okr.doctypePublications & Research::Brief
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/662851590658776125/Self-Help-Group-Members-as-Banking-Agents-for-Deepening-Financial-Inclusion
okr.identifier.doi10.1596/34722
okr.identifier.externaldocumentum090224b08798c541_1_0
okr.identifier.internaldocumentum32068032
okr.identifier.report148860
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/662851590658776125/pdf/Self-Help-Group-Members-as-Banking-Agents-for-Deepening-Financial-Inclusion.pdfen
okr.region.administrativeSouth Asia
okr.region.countryIndia
okr.sectorAgriculture, Fishing and Forestry
okr.sectorFinance
okr.themeRural development :: Rural services and infrastructure
okr.topicAgriculture::Agricultural Sector Economics
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicFinance and Financial Sector Development::Banks & Banking Reform
okr.topicFinance and Financial Sector Development::E-Finance and E-Security
okr.topicFinance and Financial Sector Development::Finance and Development
okr.topicFinance and Financial Sector Development::Non Bank Financial Institutions
okr.topicRural Development::Agricultural Growth and Rural Development
okr.topicRural Development::Community Based Rural Development
okr.unitAgriculture Global Practice
Files
Original bundle
Now showing 1 - 2 of 2
Loading...
Thumbnail Image
Name:
Self-Help-Group-Members-as-Banking-Agents-for-Deepening-Financial-Inclusion.pdf
Size:
4.45 MB
Format:
Adobe Portable Document Format
No Thumbnail Available
Name:
Self-Help-Group-Members-as-Banking-Agents-for-Deepening-Financial-Inclusion.txt
Size:
39.03 KB
Format:
Plain Text
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description: