PRELIMINARY PROJECT IN FINANCIAL MARKETS FINANCIAL INTERMEDIATION OF REAL ECONOMY INVESTMENT FINANCIAL SYSTEM INCLUSION ⦿ 80% of Indian adults (age 15+) have a bank account. ⦿ Some of the major commercial banks in India that were given INDIA licenses are ICICI Bank, HDFC Bank, Axis Bank, Yes Bank, and Kotak Mahindra Bank. The Indian banking system consists of 12 public sector banks, 22 private sector banks, 46 foreign banks, 56 regional rural banks, 1485 urban cooperative banks and 96,000 rural cooperative banks in addition to cooperative credit institutions as of September 2021, Mobile cellular subscriptions (per 100 people) – 87.32 ⦿ ⦿ ⦿ 98% of Singaporeans aged 25 and above own a bank account. ⦿ Majors banks in Singapore includes Development Bank Of SINGAPORE Singapore (DBS), Overseas-Chinese Banking Corporation (OCBC), United Overseas Bank (UOB) and Standard Chartered. Citibank. Today there are as many as 117 foreign banks and 6 local banks that dominate the banking scene. There are 111 commercial banks, 49 merchant banks, and 45 banks with representative offices operate in Singapore. Mobile cellular subscriptions (per 100 people) – 146.84 ⦿ ⦿ INTERMEDIATION OF BUSINESS INVESTMENT ⦿ Financial literacy – 24% ⦿ Agent banking (business correspondent) ⦿ Commercial bank branches (per 100,000 adults) – 14.51 ⦿ Offer long-term loans ⦿ Financial literacy – 59% ⦿ Commercial bank branches (per 100,000 adults) – 8.22 ⦿ Quick business setup ⦿ Corporate and household balance sheet remained healthy References for Financial System Inclusion: https://www.google.com/amp/s/factly.in/rbi-report-indias-financial-inclusion-index-is-53-9-by-the-end-of-march-2021/amp/ https://www.ibef.org/industry/bankingindia.aspx#:~:text=The%20Indian%20banking%20system%20consists,ATMs%20in%20India%20reached%20213%2C145. https://sbr.com.sg/financial-services/news/chart-day-98-singaporeans-have-bank-account https://sgbanks.com/branches https://data.worldbank.org/indicator/IT.CEL.SETS.P2?locations=IN https://data.worldbank.org/indicator/IT.CEL.SETS.P2?locations=SG References for Intermediation of Business Investment: https://gflec.org/wp-content/uploads/2016/02/Gallup-country-list-with-score.pdf https://www.centerforfinancialinclusion.org/how-successful-are-banking-agents-in-bringing-digital-financial-services-to-newcustomers-in-india https://www.microsave.net/wp-content/uploads/2020/05/Agent-networks-Ideas-and-lessons-from-India.pdf https://data.worldbank.org/indicator/FB.CBK.BRCH.P5?locations=SG https://www.edb.gov.sg/en/why-singapore/business-friendly-environment.html SUBMITTED BY: CARIÑO, ARIANE DESATE, PATRICIA S. JALATA, JAMAECA SUBMITTED TO: MR. JEREMY PAUL GECOLEA