Reverse Innovation in Financial Inclusion-Lessons from Developing Economies

Year
2018
Publication details

Microfinance Review

Author
Mohit Anand, Smridhi Khanna, Mitul Kathuria
Author's Credentials
FORE School of Management, Alumni
Management Discipline
Innovation Management
Source
Indian Business Practices
Issue

The study reflects on the key challenges posited by this initiative and suggests key learnings and the way forward for PMJDY by comparing it with three financial inclusion models, namely, M-PESA Model (Kenya), Banking Agent Model (Mexico) and the Bolsa Familia Program (Brazil).