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VYAPTI Workshop

VYAPTI Workshop

To bring in Financial Inclusion, as per the policy initiatives of RBI, Banks can engage NGOs to provide services as Business Facilitator (BF) or Business Correspondent (BC). The BC/BF working with the financially excluded community shall bring them under banking fold through enabling processes.

IDF took steps to partner as BC/BF of SBI subsequent to the workshop titled ‘VYAPTI’ held during 2008. This workshop focused on roles and responsibilities of NGOs as BC/BF in Financial inclusion. The Workshop was cosponsored by Hivos, SBI along with other financial institutions.

The workshop pointed to the need for developing a scalable and replicable financial inclusion process bringing the financially excluded into the banking fold.