Tag «bottom of the pyramid»

Post It – Genia Giri

Is Post Office Banking a way way out for financial inclusion? Demonetisation of Rs 500 and 1000 notes has brought back to sharper focus the level of Banking Penetration in the rural hinterlands of eastern India, or more specifically, the lack of it. The economy has not fully recovered from the body blow it was …

Back to the Village Post Office – S. Lakshman

The village post office plays an extremely important role in the economy. It is the lowest rung magnet that pools together the scattered savings at the bottom of the pyramid. Savings, that are then channelized into gainful deployment in the process of wealth creation. And it is here that a dangerous trend is being witnessed …