Bringing India's rural areas into the nation's banking system
Easy access to bank accounts and an ATM on each corner is something we take for granted in the western world. However, it's a very different story when you look at developing economy countries like India. The lack of a reliable, well-established banking sector in rural areas means that many citizens fall prey to money-lenders or criminal elements, easily finding themselves in debt or hardship. N.V. Jairam, Director of Business Broadband & Enterprise Marketing for Hughes Communications India Limited, outlines the government's ongoing programme to expand banking services throughout rural India using satellite networks.
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