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India's financial inclusion agenda has witnessed a paradigm shift over the last decade, away from an emphasis on credit … products, such as insurance). This paper describes the structure of banking and microfinance institutions in India relevant to …
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Having access to credit is essential for households to address the volatility of their personal finances over time and for firms to fund their investments. Accessing financial services at affordable cost on the other hand, is crucial to ensure financial security of all economic units. Despite...
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