http://www.nextbillion.net/newsroom/2005/09/30/in-india-thinking-big-by-thinking-small Comments for "In India, Thinking Big by Thinking Small" en http://www.nextbillion.net/newsroom/2005/09/30/in-india-thinking-big-by-thinking-small <div class="flexinode-body flexinode-4"><span class="flexinode-timestamp-13"> September 30, 2005 - 16:00, </span> <span class="flexinode-textfield-14"> The International Herald Tribune</span> <div class="flexinode-textfield-15"> In India, Thinking Big by Thinking Small</div><br> <div class="form-item"> <label>Story Link:</label> <a href="http://www.iht.com/articles/2005/09/30/business/wbbank.php">http://www.iht.com/articles/2005/09/30/business/wbbank.php</a> </div> <div class="flexinode-textarea-6"> With every debit card replaced by a thumbprint, every mutual fund peddled at a village store and every insurance policy sold in $2 bits, a new variety of bank is germinating in the bleak, unlikely soil of rural India.<br /><br />One in nine human beings is an Indian villager, and 70 percent of Indian villagers have no bank account, inhabiting a financial parallel universe in which savings are a gold necklace and loans come from pistol-packing moneylenders.<br class="clear" /></div> </div> http://www.nextbillion.net/newsroom/2005/09/30/in-india-thinking-big-by-thinking-small#comment Financial Services General Banking Insurance Microfinance South Asia Fri, 30 Sep 2005 16:05:50 -0500 John Paul 1404 at http://www.nextbillion.net