On 17th March,21 , 4 hrs training program was organized for BC officials ( mostly their HO officials and State Heads) of exclusively NICT and some other BC however,one or 2 senior officials of other BCs..The program was inaugurated by Mr S Dwivedi,CEO and Director of National Centre of Financial Education,Mumbai( an autonomous Institution promoted by all financial regulators) and valedictory address given by Dr Manikraj, Associate Dean,NIBM,Pune
Total 64 officials participated.The program evoked good response.While lauding the efforts of BCRC Mr Dwivedi,CEO of NCFE ,Mumbai , hoped that BCRC will be positioned as number one training Institute for FI and BC official in addition to taking the issues and problem faced by BCs with concerned authorities .Mr Dwivedi ,who gave an eloquent speech on various FI initiatives and BC activities,and also policy matter,expected BCRC to play as harbinger of BCs welfare.Dr Manik Raj also thanked BCRC to provide training free of cost.
On 12th April,21,4th training program for National BC AISECT and others was conducted through Webinar from 2 30pm to 6 45 pm.Total 94 officials joined the program.The program was inaugurated by leading journalist and editor of" Entrepreneur Times",based at NewDelhi, Mr H S Patra,who in his inaugural speech lauded the efforts of BCs ,in transforming rural india as far as reaching to the community and providing various financial services and enrolling them under Social Security Schemes are concerned.
The BC model has matured enough and it is high time for the stakeholders to plan and implement next level of Financial Inclusion in the country ,he mentioned.In his speech ,he dwelt upon the role played by BCRC and desired that BCRC should come forward and take the lead to identify various areas for deepening of FI activities and welfare of BCs /CSPs.Mr Praveen Kumar ,Chairman of A P Grameena Vikas Bank gave his valedictory address and thanked the BCs for their untiring efforts and work carried out during the Covid Pandemic times.
As a low cost model,they have supported the Banks and contributed immensely in account opening , mobilizing deposit and covering the FI customers under social security schemes,he mentioned.Mr Anurag Gupta,CEO ,AISECT,Bhopal offered vote of thanks.
On 1st April,21 ,under Capacity Building of BC Officials,a training program was conducted for BC Officials ( mostly State heads and district nodal officers) of national BC,Vedavaag and some other BCs. Total 87officials joined in the program.Program was inaugurated by Dr S Subbaih,Vice Principal ,CAB,Pune( GM,RBI) and valedictory address given Mr Jayant Keskar,professor at NIBM,Pune.
Mr Subbaih ,gave an insightful speech ,covering the role played by BCs in transforming rural India under FI space,mainly in driving financial literacy,digital transactions,pushing thrift habits and creating a model to meet the financial needs of vulnerable segment of society.
Mr Keskar ,in his valedictory address mentioned that BCRC is the first institution in the country formed to impart training to FI/ BC officials and he admired the efforts and work of BCRC.He emphasized that 4 Ps,that is People,Process,Product and Penetration will go a long way to drive BCs and reach the targeted segment of the population and enhance sustainability of BC model.
On 28th February ,21,a one day training program through webinar was organized inviting officials of major Banks and Corporate BCs.There were a total 102 participants from 18 Corporate BCs,Union Bank of India,HDFC Bank. The Program was inaugurated by Mr B K Das,CEO,IIBF,Mumbai and valedictory address given by Dr Naveen Kumar,Senior Faculty of NIBM,Pune. The program evoked good response and drew valuable feedbacks from participants.
On 13th February,21 a strategy meet and brainstorming exercise of Directors/ Founding members of BCRC was held at New Delhi with support of Corporate BC ,Drishtee Foundation.The deliberation covered various activities undertaken ,issues and challenges and also way forward to increase the income/ mobilize funds etc for sustenance of BCRC and spreading its activities
In January, 21 issue of "Entrepreneur Times" ,an interview with Mr D Tripathy ,CEO,was published. Vision ,mission ,value statement ,issues ,challenges, way forward etc was spelt out in details .
On 23rd January,21,Mr D Tripathy,CEO and Mr Satyan Mishra,Director attended an online Roundtable meeting on "Building a Sustainable Agent Network for Financial Inclusion ,and offered various suggestions for sustainability of the Channel.They were invited by the Indicus Centre for Financial Inclusion, New Delhi to participate in the Program.
In collaboration with Odisha Corporate Foundation, Bhubaneswar, a webinar was organized on" Business Correspondents model-scope and potential in Odisha. From the panel discussion, it was observed that there is still huge scope to open banking points in rural, hilly and undeveloped districts of Odisha and drive various banking and social security schemes. Some of the youth will get engaged in setting up CSPs under BCs
Govt should come out to support the BCs/ CSPs or Bank Mitras to bear their initial expenses to set up the points as there is viability and sustainability issues for the BCs/ CSPs in the difficult Centres. As Banks engage the BCs as their service providers/agents, they are not willing to support the BCs in their initial expenses in selection, handholding, providing technical support, training etc. Since they suffered losses due to connectivity issue, long gestation period, low level of business, the unprivileged and poor people are deprived of required banking facilities and not covered under social security schemes. There is an urgent need, for the Govt to revisit the issues and help the BCs to tide over the difficulties.
On this day, the website of Business Correspondents Resource Council (BCRC), named WWW.BCRCINDIA.COM was released in presence of all the directors, CEO, and members.The vision, mission, and value statements were explained. BCRC will work as an independent think tank, to support BCs/CSPs and to innovate and collaborate with other institutions