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19 per cent of Indian population is still unbanked: ASSOCHAM-EY

19 per cent of Indian population is still unbanked: ASSOCHAM-EY

Jul 26, 2017, at 01:41 am

New Delhi, July 25 (IBNS): Despite rationale and a strong institutional credit network, India’s financial services ecosystem lags in terms of physical infrastructure and has failed to reach the poor, more than 19% of the population who are unbanked or financially excluded, noted a recent ASSOCHAM-EY joint study.