UAE Exchange Takes Part in the Financial Inclusion Summit


Mumbai January 31, 2014: Economic Times has flagged off India’s largest “Financial Inclusion Summit” on January 30, 2014 initiating the most enlightening discussions focusing on the theme ‘Banking the Unbanked – Vision 2020”. It has been an immense learning, networking and benchmarking experience for all the key stake holders from the Industry. More than 120 senior decision makers from NBFC’s, Banks, Micro Finance Companies, SME’s & Regulatory Bodies took part in the conference held in Mumbai.

UAE Exchange Chairman Dr. B R Shetty shared his views on the ‘Govt Initiatives: Effectiveness in Setting the Intentions Right.’ Ever since inception, UAE Exchange was successful in bringing financial services to the rural population by opening many branches in remote villages of the country.

V George Antony, MD & Country Head of UAE Exchange, who were also present at the function said “UAE Exchange is one of the contenders for the Banking Licence. If we get the licence, we will go aggressively ahead with our plans that are well aligned with the financial inclusion plans of this country. Already we have come a long way in providing financial products to the people in unbanked areas. At present UAE Exchange does almost all functions of a bank, except accepting deposits.”
UAE Exchange, India with its 331 branches and over 40000 sub-agent locations, provides matchless financial and travel services to its customers. Since starting operations in India in 1999, UAE Exchange has been constantly growing by garnering the trust of customers. The financial powerhouse has gathered a wide range of services under one roof, which addresses most of the financial requirements of its customers including Foreign Exchange, Travel & Tours (Domestic & International), Money Transfer (Xpress Money & Money Gram), Gold Loan, Two wheeler Loan, Personal Loan, Consumer Loan, Housing Loan, and MSME Loan, Domestic Money Transfer, Insurance, Share Trading and other investment advisory services.

The organization flaunts a stack of laurels for quality service, leadership, Internal Magazine, Human Resource Development and CSR. -BWI