Karnik, Harshada2014-05-162014-05-162014-04-29https://hdl.handle.net/11299/163199Professional paper for the fulfillment of the Master of Public Policy program.In this paper I identify the institutional and consumer barriers that have kept the urban poor out of the banking network. I also analyze how informal mechanisms overcome these barriers to create a sustainable and reliable network of financial services for the urban poor. I end by discussing the need to rethink existing policies in order to make the formal financial services more accessible and user friendly to the unbanked.en-USIndiaUrban PoorFinancial ServicesThesis or Dissertation