India Banking on the Poor

India Banking on the Poor

Indians gather around a table inside a state-owned bank to open their accounts as part of a massive countrywide campaign to open millions of accounts for the poor in New Delhi, India, Thursday, Aug. 28, 2014.The measure is aimed at some 150 million Indians who are off the financial grid and vulnerable to black market money lenders. As an incentive the federal government is providing 100,000 rupees ($1,650) in life insurance to every account holder. (AP Photo /Manish Swarup)

Indians gather around a table inside a state-owned bank to open their accounts as part of a massive countrywide campaign to open millions of accounts for the poor in New Delhi, India, Thursday, Aug. 28, 2014.The measure is aimed at some 150 million Indians who are off the financial grid and vulnerable to black market money lenders. As an incentive the federal government is providing 100,000 rupees ($1,650) in life insurance to every account holder. (AP Photo /Manish Swarup)

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