The document discusses strategies for increasing financial inclusion in two countries based on a logistic regression analysis of factors influencing bank account ownership. It finds that while some factors like age, employment, and phone access positively influence inclusion in both countries, factors like gender, education level, and income have differing impacts. A comparative socioeconomic study of the countries could help understand these differences and design more tailored inclusion strategies. The document recommends strategies for a financial organization like investing in technology, financial education, tapping rural markets, and gender-based programs, with a focus on women and children in Country A and lower-cost approaches in Country B.

1. Case Study
On Financial
Inclusion
Strategies
Financial inclusion means
that individuals and
businesses have access to
useful and affordable
financial products and
services that meet their
needs (e.g. savings, credit
card and insurance)

2. NAME OR LOGO
Our Approach
Logistic Regression Model
The Model
Logistic regression
model and finding the
significant factors for
both the countries
respectively
The Comparison
The socio-economic
study between the two
countries
Strategies
Suggesting strategies
for financial inclusion
campaigns and drives
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Problem 1 Looking into the data, for each
of the countries, what are the
key factors influencing financial
inclusion (Bank Account:
Yes/No)? And do you observe
any significant difference in
driving factors for the respective
countries?
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Significant Factors Influencing Financial Inclusion
in Country A
Positive Impact Negative Impact
age of respondent female
cell phone access no formal education
formally employed
government no income
formally employed
private primary education
government
dependent
head of household
urban
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Significant Factors Influencing Financial Inclusion
in Country B
Positive Impact Negative Impact
age of respondent no formal education
cell phone access no income
formally employed
government
female
formally employed private
government dependent
primary education
secondary education
tertiary education
urban
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Difference In Significant Factors
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Problem 2
Do you think it’s worth doing a
socio-economic comparative
study between these two
countries to understand how a
more inclusive environment can
be created?
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Factors With
Distinct Impact
Some factors are significant for both the
countries, however they either have a
contrasting effect (in case of gender and
education level) or an escalated (in case of
cell phone access) effect
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Cell Phone Access
6.85 333.63
● The Odds Ratio Of Cell Phone Access is way
higher in country B than in country A
● Influence Of Cell Phones on Financial Inclusion
is higher in B
Odds Ratio in
Country A
Odds Ratio in
Country B
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Female
● The Odds Ratio Of Female is greater than
1 in country B and less than 1 in country
A
● Being a female increases the likelihood of
having a bank account in Country B and
decreases the likelihood of having a bank
account in Country A
Odds Ratio in
Country A
Odds Ratio in
Country B
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Primary Education
● The Odds Ratio Of Primary Education is
greater than 1 in country B and less than 1
in country A
● Pursuing primary education increases the
likelihood of having a bank account in
Country B and decreases the likelihood of
having a bank account in Country A
Odds Ratio in
Country A
Odds Ratio in
Country B
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Females
● What makes females more likely
to have a bank account in
Country B?
● Are there any specific
beneficiary scheme directed to
females only?
Cell Phone Access
● Does Country B have better
digital infrastructure?
● What are the different
existing barriers of Internet
Banking?
Primary Education
● What are the average
education levels in each
country?
● Does Country B have specific
schemes and products
directed towards children?
● Is there equal opportunity to
higher education?
A comparative study of the social and economic conditions of the countries leads to
➔ better understanding of prevailing conditions
➔ better strategies
The Need For A Comparative Study
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Problem 3 Now, suppose Chase wants to
contribute to this global financial
inclusion initiative and wants to
create a right environment for the
people of Country A & B by doing
campaigns, financial education drive,
incentives etc. What in your opinion
could be the right strategy to reach
out to maximum people of these two
countries?
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Financial Inclusion Strategies
Investment in Technology
Technology initiatives have helped
financial inclusion to advance from
a self-help group/joint liability
traditional model to an assisted
model driven by low cost branch
and business correspondents.
Financial Education
The private sector recognizes
that investments in financial
inclusion can spur economic
growth, reduces inequality and
also improves market
prospects in the future.
Tapping Rural Market Gender Based Strategies
Investment in rural areas, while Despite the progress made may
take some to show in advancing financial
returns, can be potential game inclusion globally, women
changers for insurers, the remain disproportionately
customers and the economy excluded from the formal
as a whole. financial system.
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Financial Education
Programmes
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Investment in
Technology

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Tapping Rural Market
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Gender Based Strategies
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● The dataset for Country A is highly imbalanced when Compared to that of B.
● Higher False Negative (or lower Recall Value) is observed in Country A
Limitations - Imbalanced Dataset
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Summary
The aforementioned strategies for
financial inclusion can be adopted
as per the country specifics.
Strategies focusing on women
(such as incentives for women-led
enterprises, specialized products)
and children should be adopted by
Country A.
Strategies focusing on lower costs
should be adopted by Country B
as having low income as a
negative impact on financial
inclusion.

20. Thank
You !