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Keywords: Business correspondent model
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Case Studies
Yes Bank: Innovation in money transfer
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Case Provider:
Emerald Emerging Markets Case Studies
Emerald Emerging Markets Case Studies 1–7.
Published: 16 October 2015
... the Know your Customer (KYC) norms for such customers, thereby reducing the paperwork needed to verify their identity. Another major initiative was the introduction of the business correspondent model in 2006 which used bank representatives in rural India to help villagers open bank accounts and carry out...
