Monday, March 10, 2008

The demographic dividend (that is, the increasing numbers in the age group 15-65) is a strong trigger for saving and consumption

Financial infrastructure + debt waiver = financial inclusion?

The overall burden on the banking sector, of the loan write-offs of Rs 60,000 crore proposed in Budget 2008, is yet to be analysed fully, says Mr Robin Roy, Associate Director, Financial Services, PricewaterhouseCoopers (P) Ltd.
“This is almost 25 per cent of total rural credit disbursements of last year. On the other hand, SCBs (state cooperative banks) and RRBs (regional rural banks) have been asked to look at total credit needs of farmers, by using ex-bankers as business facilitators and counsellors,” he adds, in a recent e-mail interaction with Business Line.

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