Awards Categories

 Financial Inclusion

  • Aadhaar Initiative

This category seeks nominations from all those organisations that are doing exemplary work in the Aadhaar initiative and contributing towards inclusive growth.

  • Direct Benefit Transfer (DBT) Initiative

This category seeks nominations from all those organisations that are doing exemplary work in the Direct Benefit Transfer (DBT) initiative and contributing towards inclusive growth.

  • Access to banking and financial services

You can nominate any of yours Financial Inclusion Programme carried out by your organisation which is intended towards improving the access to banking and financial service.

  • Advocacy

This category seeks nomination from any organisation which has substantially influenced public-policy and resource allocation decisions within political, economic, and social systems and institutions for effective implementation of financial inclusion in the country.

  • Financial Inclusion through business innovation

Any projects or programmes run by financial institutions which is brining remarkable change in the life of the people and thereby encompassing the inclusion of large number of people in the mainstream, be it finance, education, health etc. This category seeks nomination from all such organisations.

  • Capacity building and financial literacy Initiative

Financial literacy is very important for improving the ability of common-man to make effective financial decisions with respect to their present and future welfare. This category seeks nomination from all the organisations which are making exemplary contribution for capacity building and financial literacy across the globe.

  • Corporate social responsibility (CSR) Initiative

CSR is a way through which an organisation achieves a balance of economic, social and environmental imperatives, while at the same time addressing the expectations of shareholders and stakeholders. This category invites nomination for initiatives which are positively impacting the life of the people.

  • Gender Empowerment Initiative

According to Planning Commission of India “Gender empowerment is conceived as a process by which women can overcome many of the hurdles that they face such as education, work status, employment opportunities, health care, social responsibility, position in decision making by virtue of their gender.” This category invites nomination from the organisations which are focusing on gender empowerment in the country.

  • Housing and Building Initiatve

This category seeks nomination from organisations which are working for ensuring that each members of the society have a home to live in.

  • Healthcare intitative

There are lots of organisations which are working for financial inclusion and with improved financial capability; people are able to have quality healthcare services. This category seeks nomination from organisations which are contributing exemplary way in this domain.

  • Micro-insurance initiative

Providing an insurance coverage to economically vulnerable section of the society is very important aspect of welfare of the people. This category seeks nomination from all the organisation which are providing micro-insurance policy to the people.

  • Micro-finance initiative

Microfinance is basically a form of financial services for entrepreneurs and small businesses lacking access to banking and related services. This category invites nomination from all such organisation which is contributing positively in this domain.

  • Pensions initiative

This category seeks nomination from organisations which are providing innovative service for pension holders.

  • SME enablement

This category seeks nomination from organisations which are creating opportunity for small medium enterprises to effectively implement the financial inclusion in the country.

  • Rural Health

Governments across the word are focusing on Health program for improving health care delivery across rural areas. This category seeks nomination from organisations which are doing outstanding work in rural healthcare.

  • Health Insurance

Health insurance protects you and your family from the high cost of health care. This category seeks nomination from organisations which are doing outstanding and innovative work in the area of health insurance.

  • Financial Inclusion in Health Sector

There are lots of organisations which are working for financial inclusion and with improved financial capability; people are able to have quality healthcare services. This category seeks nomination from organisations which are contributing exemplary way in this domain.

  • Financial Inclusion Initiative by a PSU

Public sector units in the country have been contributing in all round development of the nation. This special category invites nomination from PSUs which are working for financial in the country.

  • Financial Inclusion Initiative by a Government Department

Government of India and state governments is rolling out lots of services and schemes intended toward larger inclusion of the people in the financial system. This category invites nomination from such government organisaiton which is doing exemplary work in this area.

  • Financial Inclusion Initiative by a Cooperative Bank

This award category seeks nominations from all those cooperative banks that have delivered exemplary services and contributing to the expansion of financial inclusion in the country.

  • Use of Mobile Technology in Financial Services

Mobile devices such as smart phones and tablets are transforming the way people work in the financial services industry.  This category invites nomination from the organisations which are using mobile technology to enhance financial services..

  • Online Payments Solution

Companies who have done exemplary work in facilitating money transfers to be made only through online means are invited to nominate in this category. They function as a fast and secure electronic alternative to traditional methods as cheques and money orders.

  • Mobile Payments Solution of the Year

The growth and viability of mobile commerce (m-commerce) relies heavily on the existence of a payment utility that is convenient, easy to use, trackable and secure. a solution provider who has done exemplary work in providing m payment solution will be felicitated under this category.

  • Multi-Channel Payments Solution

Customer demand for the ability to pay anywhere, through multiple channels and at any time is rapidly increasing. A solution provider who meets this need generated in the market, will be felicitated under this award category.

  • Contactless Payments Project

The most robust solution which enables payment transactions that require no physical contact between the consumer payment device and the physical point-of-sale (POS) terminal, will be recognised under this award category.

  • Technology Provider of the Year 

This category will reward one of the companies who are the technology solution provider fostering Financial Inclusion through bringing best use of the technology solutions.

  • Anti-Fraud/Security Solution of the Year

This category will reward one of the companies who are focused on protection against fraud. This category will recognize the exemplary initiative by a technology provider in building a strong security shield to resist online frauds.

  • Financial Services Institution of the Year

This category will reward one of those companies who have done exemplary work as a financial institution, an institution that provides financial services for its clients or members. Probably the most important financial service provided by financial institutions is acting as financial intermediaries. Most financial institutions are regulated by the government.

  • Best Alternative Payments Project

The payments industry is undergoing significant change, with a growing number of new entrants threatening the status quo as they look to capitalise on this changing landscape. This category looks to recognise those payments providers who offer alternatives to the traditional routes of cash and cards – e.g. electronic wallets, mobile payments, e-payments and money transmission services. Judges will be looking for offerings which demonstrate innovation, strong user feedback, number of transactions and accounts.

  • Cash Initiative of the Year

This category looks to recognise Companies who have taken exemplary initiatives to make the transition from cash to digital payments to achieve the shared goals of empowering people and growing emerging economies.

  • Best Use of Social Media

Digital outreach medium, and Social Media platforms like Facebook, twitter, YouTube, blogs, Google hangout, Flickr, Foursquare etc. are playing a critical role by involving millions of people in real time. Social media is the illustrious & most potent democratic tool of empowerment, promotion, participation, commerce, cause, campaign, activism, among others. Social Media and Empowerment as a category would like to invite all those organizations and initiatives who are using Social Media effectively to meet their mission and needs.

  • Compliance Project of the Year

This category will reward the most effective compliance project by a financial services provider. Nominations may be for a single project or for an overall strategy. The winning entry will be able to demonstrate how the strategic use of technology has enabled compliance with governmental regulations. The submissions should show how the compliance strategy adds business benefits and furthers the organisation’s opportunities for future success.

  • Best Prepaid Card Programme

This category will reward the company focused on delivering best-in-class prepaid solutions that are scalable, reliable, and comprehensive – supported by customer care excellence. The companies who deliver integrated solution which provide uncommon value to financial institutions, giving users the tools they need to easily integrate prepaid solution into existing operational or servicing tools.

  • Overall Mobile Banking Application

This category is for various kinds of Financial Institutions that conducts a number of financial transactions through a mobile device such as a mobile phone or personal digital assistant.

  • Tablet Application

The first step in delivering a great tablet app experience is making sure that it meets the core app quality criteria for all of the devices and form factors that the app is targeting. This award is for the best tablet application provider in the mobile banking space in terms of usability and better user experience of the consumer.

  • Stockbroking Application

Stockbroking is the activity of buying and selling of stocks and other securities for both retail and institutional clients, through a stock exchange. This unique award category is for all those companies that promise to provide the best stockbroking application on the mobile phones.

  • Insurance Initiative

This award will recognize exemplary work done by an organization in the insurance sector.

  • Health Services on Mobile

Health services on mobile aims to empower underserved communities by developing sustainable systems that increase access to health promotion, disease prevention and health care services. This award category is for those organisations that are providing effective health services on mobile phones.

  • Online Health Services

Health services are maintained and improved through the advancement and application of health science. Online Health Service category is for those companies that are providing health services through various online portals.

  • Cashless Health Payments

This category will reward one of those companies who have done exemplary work in delivering cashless health payment services and contributing to Financial Inclusion. Cashless Health Payments include Cashless health insurance, cashless hospitalization, cashless health reimbursement and  other cashless health services.

  • PPP Initiative

This award will recognize the most effective Public-Private-Partnership in Financial Inclusion.