Impact of Demonetization on Financial Inclusion

Impact of Demonetization on Financial Inclusion

The Prime Minister of India, Narendra Modi, announced demonetization on 8 November 2016. He appeared on evening television; and declared that the 500 and 1000 notes currency would not be of any use from midnight. As soon as the announcement of India’s Demonetisation was made, merchants and traders refused to accept the currencies. People have … Read more

India Demonetisation- Is it Helpful?

Consequences-of-the-Demonetization

On 8 November 2016 Indian Government called out for Demonetisation. The Prime Minister of India, Narendra Modi declared that from midnight of the same day, the note of Rs. 500 and Rs. 1000 would not have any value. What does demonetized mean? Why did the government take such drastic decisions? Did Demonetisation turn out good … Read more

Wells Fargo Fraud Scandal

Wells Fargo Fraud

A few years back, Wells Fargo was involved in a scandal. It is the third-largest bank in the nation. The reputation of the bank had been severely hampered due to the Wells Fargo fraud department. The fraud case of Wells Fargo has diminished the reputation of the company. The scandal included accessing more than 2.1 … Read more

Microfinance Institutions to Improve the Savings in Latin America

What-are-MICROFINANCE-INSTITUTIONS

For the past few years, experts and economists have been discussing various methods to make financial inclusion more achievable for all groups of society. Hence, they introduce microfinance to include the low income or unemployed groups in the financial growth. In this movement, microcredit is the focused term to improve the economical condition of the … Read more

Upgrade the Existing Financial Inclusion

Re-imagining Financial Inclusion is important for the empowerment of low-income communities, especially women. The existing financial services are not serving much to the people who are at the base of the economical pyramid. So how would we do that and is it even possible to redesign the existing system? This article will cover everything.  The … Read more

Most Simple and Fun Budgeting Games for Adults

20 Creative Ways to Save Money

Saving and managing money could be boring. Especially if you have not done it before. You might have tried saving your money before or even this is your first time, either way, the article will help you to improve your money-saving journey. I will share some best creative ways to save money. So sit tight. … Read more