About 56 results found for "atm"


Extending the third-party aggregator model from ATMs to Business Correspondents

Guest post: By Ignacio Mas and Abhishek Sinha When you have two systems running in parallel, the hardest part is always managing the interface between the two. Customers don’t usually all migrate to the new system entirely and at the same time, so there is a need for the new system to offer backward compatibility […]

An overview of the features of the Mahatma Gandhi National Rural Employment Guarantee Act (2005)

By Krushna Ranaware, Intern, IFMR Finance Foundation Continuing on our series on Unemployment Support In India, this post provides an overview of the Mahatma Gandhi National Rural Employment Guarantee Act (2005). The notion that public works programs can provide a strong social safety net through redistribution of wealth and generation of meaningful employment has been […]

Emergency Loan as an ATM

Mr. M Dandapani Reddy of Badakushastali village, Orissa underwent a traumatic night on 9th March 2010, when his daughter N Rebati Reddy had fallen down and cut her chin. The accident required her to be rushed to the nearest medical centre in Berhampur late in the night for immediate medical attention; Dandapani had to arrange […]

Response to the Reserve Bank of India’s Consultation Paper on Peer To Peer Lending

By Linda George, IFMR Finance Foundation Recently the Reserve Bank of India released a Consultation Paper on Peer to Peer Lending aimed at defining the contours of regulating Peer to Peer (P2P) Lending in India. The below table lays out our responses to some of the themes that are covered in the paper. Theme Potential […]

Preliminary Findings from the KGFS Impact Evaluation Study

By Iris Braun, Research Manager, IFMR Lead Happy Birthday Pudhuaaru KGFS, and if we may say so as an objective evaluation team: Many happy returns (in every sense of the word)! Today marks the 8th anniversary of Pudhuaaru KGFS and it is laudable that it not only set itself a social purpose on top of […]

Assessing Suitability – What’s the future for financial providers’ legal duty of care?

By Malavika Raghavan, IFMR Finance Foundation In the previous blogpost we noted the gradual shift away from the buyer-beware standard in case law and policy regarding customers of financial products. So far this move towards more provider liability has occurred in a piecemeal fashion – through decisions of the courts and regulations of certain regulators. […]

Reaching the Last Mile in Financial Services Delivery

As part of Business Today Magazine’s 25th Anniversary issue, Bindu Ananth has written an article in the latest edition of the magazine. Below is an excerpt from the article: I write this from the sidelines of my city’s (Chennai’s) worst flooding in 100 years that has rendered lakhs of people homeless and bereft of livelihood. […]

Customer Protection through MFI Self-Regulation in India

By Rachit Khaitan, IFMR Finance Foundation Comments on the Revised Code of Conduct for the Microfinance Industry M-FIN and Sa-Dhan, two key Self-Regulatory Organisations (SROs) of the microfinance industry jointly released their revised Code of Conduct for the Microfinance Industry in December 2015. The revised Code of Conduct following from the original 2011 version, is […]

Importance of Site Selection in Model Incubation

By Surabhi Mall, IFMR Rural Finance This is the third post in our blog series on KGFS Model Incubation. The objective of the series is to methodically conceptualize an approach to build the branch network while incubating a new KGFS entity or expanding to contiguous districts. The posts focus on themes that range from district […]

Top 5 Game changers for the Indian Financial System in 2014

Our picks (in reverse chronological order): Suitability becomes a Customer Right: The RBI published the final Charter of Customer Rights for banking customers in December 2014. This Charter has introduced the Right to Suitability for all banking customers, in addition to the rights to fair treatment, transparency, privacy and grievance redressal. While all other rights […]