Page 40 - BANKING FINANCE SEPTEMBER 2015

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expansion of banking and other financial services. RBI For update news on Banking & Finance Industry
deputy Governor K. C. Chakrabarty said, "while the Indian
growth story was impressive, there were concerns on issues BANKING FINANCE
like income distribution and poverty alleviation".
A Leading Monthly Journal on Banking & Finance
In a bid to viably cover each of India's 6.38 lakh villages,
HUL has initiated discussions with some banks and finance Covers Schemes
companies to create a joint distribution model. This can
make the already existing projects stronger and can aim at  Covers  Banking 1 Year 750 
complete financial inclusion. The FMCGs in India wants to
experiment on how to improve marketing by sharing costs  Finance  Rural/Co-op 3 Year 1500 
with banks, financial services and mobile operators since,
tapping rural markets involves heavy costs.  Stock Market  Risk Management 5 Year 2250 

Conclusion Subscribe Now !!

HUL's 'Shakti' model can help banks take products like ORDER FORM
insurance and mutual funds to rural folk. Thus a consortium
among the banks, service providers and MNCs can prove New Rental Subscription No.
wonders in rural areas covering all unbanked masses. (Plese tick)
For e.g. SBI and Airtel entered into a joint venture to
provide affordable services to the rural people. Anyway, Name of Executive :
any collaborative efforts will be proved as cost effective.
Even ITCs 'e-Chou pal', the rural model for farmers Designation:
have been successful in rural areas. ITC can also apply
their own methods for inclusion of rural poor within the Company's Name :
banking net.
Address :
This will be an innovation in financial inclusion by the MNCs. Pincode :
The India rural market is expected to grow more than 10
fold and become a $100-billion opportunity given for Phone : Mobile :
retailers in the next 15 years. This can be capitalized by the
MNCs for their marketing efforts thereby helping the Fax : E.Mail :
government towards inclusive growth. These efforts can Publication Order : No.of Copies
prove to be very lucrative in the long run, since sharing *Scheme Opted :
costs always make sense.
(Please mention the sheme name example : It-1, Lit-1 or Combo 4-1)
References
Period of Subscription : From to
1. The Economic Times, dated 16th January 2009.
2. The Economic Times, dated 7th May 2010. Details of payment : Cash/M.O./D.D./Cheque* No
3. The Financial Express, dated 31st May, 2010.
4. The DNA dated 1st June 2010. Dt drawn Rs.
5. The Times of India, dated 21st September, 2010.
6. The Economic Times, dated 12 October, 2010. Ordinary Registered Post (Plese tick)
7. The Economic Times, dated 15 October, 2010
8. The Economic Times, dated 25th January, 2011. *For outstation cheque please add Rs.50/- towards bank charges.
9. The Economic Times, dated 6th April, 2011. outstation cheques accepted metro cities only. No Charges applicable
10. The Economic Times, dated 8th April, 2011. for payable at per cheques.
11. The Economic Times, dated 25th May, 2011.
12. www.wikipedia.com Do not make any Cash Payment
13. www.google.com
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