Innovative personal finance products demo prep
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Revision as of 23:11, 5 January 2007 by Vinod.singh@dolcera.com (Talk | contribs) (→Household leverage)
India: Overview
Overall economy
Household credit
Household leverage
- This indicates a bias towards assets based leverage than leverage on incomes.
- Rising incomes in India thus indicates towards tremendous opportunities for loans on either side (a) asset creation side and (b) Liablity creation side. Also, fuelling of (a) will in parallel give rise to (b).
Demographic dividend
Education
Personal income
Ideas
Investing abroad
Loans
Trends
Aspirational society (society turning aspirational)
- Picture: How many homes have a....
- Text:
Lack of public education
- Picture: Children in immaculate school uniform...
- Text:
Expensive weddings
Gold
Microfinance
Peer-to-peer banking
Kitty parties
Islamic banking
Ideas
Education loans
- Tie up with educational institutions INCLUDING primary schools
Wedding loans
Streamlining microfinance
Loans based on gold
Insurance
Trends
Aspirational society
- Picture: How many homes have a...
- Text:
No medical coverage
- Picture:
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Increasing savings rate
- Picture:
- Text:
Ideas
Insurance as a saving vehicle
- Picture:
- Text:
Credit
Trends
Increasing savings rate
- Picture:
- Text:
Increasing purchasing power
Rural demand for credit
Remittances
COD (???)
Growth in retail
Mobile phone and technology penetration
Ideas
Debit cards
- Picture:
- Text: Linked to checking accounts
Mobile ATM
- Picture
- Text:
Credit cards linked to US accounts
- Credit cards in India based on credit-rating of NRI
