Tag: No frills account

Graham A.N. Wright, Group Managing Director at MicroSave talks about the changing regulatory environment for mobile money in India. He further discusses the approach banks and regulators need to take to achieve financial inclusion in its real sense — offer a range of financial services through the accounts rather than using them as mere pass […]

MicroSave research aims to understand the reasons for widespread dormancy in No Frills Accounts opened through various service providers like public and private sector banks, RRBs and business correspondents.

This MicroSave research aims to understand the reasons for widespread dormancy in No Frills Accounts opened through various service providers like public and private sector banks, RRBs and business correspondents.

This research aims to understand the reasons for widespread dormancy in No Frills Accounts opened through various service providers like public and private sector banks, RRBs and business correspondents.

This Note concludes that although there is high dormancy in the No Frills Accounts, these accounts represent a large potential client base.