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  • Posted on May 05, 2015

    Setting the stage to bank the unbanked in India

    According to the World Bank, bank account penetration in India has increased dramatically from 35% to 53% between 2011 and 2014. Thanks to India’s financial inclusion initiative, Jan-Dhan Yojana, a record breaking 125.5 million bank accounts have been opened since its launch August 15, 2014. However, the majority of these accounts, around 84.5 million, are […]

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