INDIA-ECONOMY-POLITICS-BANKING

To go with India-economy-politics-banking, FOCUS by Penelope MACRAE In this photograph taken on August 22, 2014, an Indian train passenger looks at a financial literacy campaign poster inside a coach of The Golkonda Express at a railway station in Secunderabad, the twin city of Hyderabad. New right-wing premier Narendra Modi has put India's drive to give bank accounts to all citizens on a war-footing to overcome abject poverty and tackle corruption, but experts say the task ahead is massive. In Western nations, bank branches are everywhere. But banking services in India leave out nearly half the 1.2 billion population, putting poor people at mercy of moneylenders who charge usurious interest for emergency loans for sickness or routine purchases such as buying seeds for sowing. AFP PHOTO/Noah SEELAM (Photo credit should read NOAH SEELAM/AFP via Getty Images)
To go with India-economy-politics-banking, FOCUS by Penelope MACRAE In this photograph taken on August 22, 2014, an Indian train passenger looks at a financial literacy campaign poster inside a coach of The Golkonda Express at a railway station in Secunderabad, the twin city of Hyderabad. New right-wing premier Narendra Modi has put India's drive to give bank accounts to all citizens on a war-footing to overcome abject poverty and tackle corruption, but experts say the task ahead is massive. In Western nations, bank branches are everywhere. But banking services in India leave out nearly half the 1.2 billion population, putting poor people at mercy of moneylenders who charge usurious interest for emergency loans for sickness or routine purchases such as buying seeds for sowing. AFP PHOTO/Noah SEELAM (Photo credit should read NOAH SEELAM/AFP via Getty Images)
INDIA-ECONOMY-POLITICS-BANKING
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Credit:
NOAH SEELAM / Stringer
Editorial #:
454232644
Collection:
AFP
Date created:
22 August, 2014
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Source:
AFP
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AFP
Object name:
Del6346487