Business Desk :
Dr. Debapriya Bhattacharya, a distinguished fellow of the Centre for Policy Dialogue (CPD), said that Nagad has reached the areas where big or “white elephant” banks could not go.
“It can be counted as a huge step for financial inclusion. People, who used to take services from banks, are now availing of your (Nagad’s) services,” he said.
Debapriya said this while attending a Facebook live event yesterday evening styled “Innovation for financial inclusion leaves no one behind” organized by Nagad, a mobile financial service arm of the Bangladesh Post Office.
Managing Director of Nagad Tanvir A Mishuk took part in the program, which was moderated by Nagad Chief Public Affairs Officer Solaiman Shukhon, said a Nagad press release.
Dr. Debapriya said that previously people used to deposit a cheque at a bank and it would go through a lot of processes.
But, a completely new area of work has now been created with the blessings of MFS while researches can be carried out to see the changes that have taken place as a result of this, he added.