back Back

In India, BCs are the leading providers of last-mile banking services

By Puja Sharma

June 17, 2022

  • ATMs
  • Banking Services
  • Big Data
Share

According to the recent RBI annual report, it was Business Correspondents (BCs) that played crucial role delivery of Direct Benefit Transfer (DBT) money to the lower section of the pyramid in the rural region. It was the Business correspondent who played as an extension to bank branches for disbursal of cash when access to ATMs […]

This article can only be read by subscribers. Subscribe to IBSi Premium or Sign in

Get access to IBSi Premium

IBSi Daily News Analysis + monthly IBSi FinTech Journal

Daily insightful Financial Technology news analysis

Weekly snapshots of industry deals, events & insights

Weekly global FinTech use cases

Chart of the Week curated by IBSi’s Research Team

Monthly issues of the iconic IBSi FinTech Journal

Exclusive invitation to a flagship IBSi on-ground event of your choice


£19.99/monthly - Subscribe Now!
Previous Article

June 17, 2022

The Weekly Wrap: all you need to know by Friday COB | June 17th

Read More
Next Article

June 20, 2022

Swiss banks are likely to claim more green trade financing than UK banks

Read More










Weekly Case Study

Chart of the Week

FinTech insights exclusively curated by the IBSi’s Research Team

Other Related News

August 12, 2022

Do Neobanks pose a threat to traditional banking?

Read More

August 12, 2022

Industry leaders welcome RBI’s tightening of rules around digital lending

Read More

August 11, 2022

The deep dive: Digital wealth management

Read More

Related Reports

Sales League Table Report 2022

£1,500.00 / year

Know More
IBS Intelligence - Global Digital Banking Vendor & Landscape Report Q2 2022
Global Digital Banking Vendor & Landscape Report Q2 2022

£1,500.00 / year

Know More
IBS Intelligence - Wealth Management & Private Banking Systems Report Q2 2022
Wealth Management & Private Banking Systems Report Q2 2022

£1,500.00 / year

Know More
Global Transaction Banking Vendors and Landscape Report Q2 2022

£1,500.00 / year

Know More
IBS Intelligence - Treasury & Capital Markets Systems Report Q2 2022
Treasury and Capital Markets Systems Report 2022

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2022