BUSINESS CORRESPONDENT FEDERATION OF INDIA
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Business Correspondent Federation of India (BCFI) is a not-for-profit organization, incorporated under Section 8 of the Companies Act, 2013, with the primary mission of supporting India's financial inclusion initiatives. It functions as a Self-Regulatory Organisation (SRO) for Business Correspondents (BCs), who act as intermediaries for banks to provide financial services in remote and underbanked areas. BCFI focuses on creating a robust and trusted agent network by establishing standards, providing training, and advocating on behalf of its members with regulators like the Reserve Bank of India (RBI) and the government.
India
Industry
- Other ServicePRIMARY
Financial