Course for Business Correspondents (BC) in the Indian banking scenario

• by MSC
• May 16, 2022
• 1 min

Interest in agent banking continues to soar across emerging markets. Financial institutions see this as a way to grow and serve their customer base cost-effectively beyond the coverage offered by bank branches.

The Government of India and the Reserve Bank of India have taken several initiatives to enhance financial inclusion over the years. Approximately 100,000 agents attempt the IIBF BC/BF exams annually—many of them fail. In 2019-20 and 2020-21, out of the 97,169 agents that gave the exam, around 32,949 (34%) failed the exam, even after several attempts. We have designed a course for Business correspondents in the Indian banking scenario. This course is designed for those business correspondents who will appear for the IIBF examination or seek to start their journey as a BC to bridge the gap in financial inclusion in India. Click here to know more about our training course.