The United Kingdom is looking at India’s expertise as it seeks to improve access to financial services for those at the bottom of the pyramid.
“There was particular interest in financial inclusion. I am impressed with the unbanked population in India using digital platforms for accessing core financial products. That is something that we (UK) needs to learn from,” Nicholas Lyons, the Lord Mayor of the City of London, told Business Standard on Tuesday. The Lord Mayor is an international ambassador for the UK's financial and professional services sector.
The UK has 17 million people who have life savings of less