Unmasking Financial Fraud in India’s BC Industry – A Wake-Up Call for Financial Inclusion

In today’s rapidly digitizing financial landscape, the Business Correspondent (BC) model has been pivotal in bridging the financial access gap for India’s rural and underserved populations. However, a recent webinar organized by Grameen’s Community of Practice revealed a less encouraging reality: this very model is increasingly becoming a breeding ground for financial fraud.

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. 

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. 

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