INCLUSIVE FINANCE INDIA INITIATIVE

The Inclusive Finance India platform was instituted in 2004 as the annual Microfinance India Summit, a forum designed to bring together a range of stakeholders interested and invested in the two microfinance channels – the MFIs and the SHG bank linkage model – in order to share experiences and flag policy and practice issues. Over time, various sub-initiatives (the State of the Sector Report, Awards, and Policy Roundtables) were added with the Microfinance India platform evolving into a comprehensive the go to forum for deliberations and networking, attracting a diverse set of global and Indian participants.

In 2014, the platform’s mandate was broadened, and it transitioned to the Inclusive Finance India initiative, with an objective of building a vision and a strong ecosystem for achieving universal and comprehensive financial inclusion in India, by making key recommendations on financial inclusion policy, regulation, supervision, technology advancements, client protection and institutional framework.

INCLUSIVE FINANCE INDIA SUB-INITIATIVES

INCLUSIVE FINANCE INDIA SUMMIT

INCLUSIVE FINANCE INDIA SUMMIT

The Go-to Forum on Financial Inclusion

An annual global event to deliberate on issues related to financial inclusion and financial education, with an aim to build and track a vision for universal access to financial services in the India. The Summit is supported by a range of partners including apex institutions, foundations, technology companies, commercial banks, small finance banks, multi-lateral and bi-lateral funding organizations, and technical agencies, attended by over 700 delegates, along with 100 speakers sharing their perspectives and experiences across over 15 wide ranging topical themes. Since 2017, the Summit is co-hosted by NITI Aayog, the apex policy think tank of the Government of India, bringing greater credibility to the platform and providing a way for key recommendations from the Summit to be taken forward within the Government for consideration and action. READ MORE

inclusive finance india report

Tracking Performance & Progress

The Inclusive Finance India Report is an annual publication (since 2006) which is an in-depth, well researched, well analysed reporting on how financial inclusion in India has progressed over the year. The Report is essentially an insightful narration that tracks progress on financial inclusion in India. It seeks to map various emerging trends and assess factors that advance or impede this overwhelming challenge of universalizing access to finance. The Report tracks financial inclusion progress through analysis of various policies and programmes of the government, role of the regulator, performance of various financial institutions, last mile challenges, and arrives at a few conclusions on the true and tangible gains that may have accrued to those who have been brought into the fold of formal finance in India. READ MORE

inclusive finance india report
INCLUSIVE FINANCE INDIA AWARDS

INCLUSIVE FINANCE INDIA AWARDS

Recognizing and Celebrating Commitment & Excellence

The Inclusive Finance India Awards is an initiative of ACCESS institutionalized in 2009 in partnership with HSBC, India. The inspiration behind Inclusive Finance India Awards was also to institute a mechanism to recognize the larger contribution of several thought leaders, practitioners, policy makers, promoters and researchers to financial inclusion in India. Since the awards were instituted, they have come to be recognized and respected in India and have been conferred upon several eminent and respected individuals and institutions. The Inclusive Finance India Awards includes several categories such as Microfinance Institutions, SHG Lending by Banks, Non-Banking Finance Companies in financial inclusions, innovations and inclusiveness in Priority Sector Lending by banks, Innovative Enablers, Contribution to advancing financial inclusion in India by an individual. READ MORE

thematic & policy retreats

As part of enabling the policy making process in financial inclusion in India, under the IFI initiative, thematic or policy retreats are organized throughout the year as well as on the side-line of the Summit, to constantly engage with stakeholders including policy makers, practitioners and investors. Stakeholders and representatives from Government of India and the Reserve Bank of India are brought together for these retreats to discuss and take the thematic agenda forward. Several themes on which policy retreats have been held include, the Annual Small Finance Banks and Payments Banks CEOs Roundtable, Livelihoods Finance, Financing of Micro and Small Enterprises, Viability of BCs, Regulations for Peer to Peer Lending, Client Protection, Building Financial Capabilities, Next Phase of Self Help Groups, etc.

thematic & policy retreats
policy papers & thematic studies

policy papers & thematic studies

ASSIST identifies knowledge gaps in policy and practice within various channels for delivery of financial services to the poor and unserved, and periodically brings out state of practice studies, research studies and policy papers on topical themes. Various studies and policy papers have been undertaken by ASSIST covering issues in BCs, Self Help Groups, MFIs, Regional Rural Banks, Local Area Banks, Crowd funding models etc. as well as client level research studies, which are typically launched and discussed at the annual IFI Summit. Between 2011 and 2016, ASSIST annually brought out the India Responsible Finance Report to capture the best practices in responsible finance as well as highlight issues that needed further work for integrating social performance into operations of financial institutions. READ MORE