How compliance is shaping the future of financial inclusion: Challenges and Solutions
The Business Correspondent (BC) model has been a game-changer for financial inclusion. In countries like India, Kenya, and Bangladesh, BC agents have become the face of banking for millions who live far from any formal financial institution. These agents offer critical services—deposits, withdrawals, loans, remittances, and more—right in the heart of underserved communities. However, as this model expands, so does the need for regulation. And while regulation is necessary, it is also proving to be a double-edged sword.
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What is Lorem Ipsum?
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
