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Making Business Correspondence Work in India

This note summarises the findings of a 3-month project by MicroSave India to clarify prospects for a sound business model for Banking Correspondent operators under the current regulations.

This note summarises the findings of a 3-month project by MicroSave India to clarify prospects for a sound business model for Banking Correspondent operators under the current regulations. The study analyses three diverse cases that involve differing institutional arrangements with business correspondents and strategies for sustainability; concluding that achieving profitable operations will remain challenging under the current regulatory environment.

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