Adult population, 917M Per capita GDP Poorest 40% PPP, current international $ Income share held by 68% rural bottom 40% 9,191 20% 17% 5,701 India Focus country India Focus country 32% urban average average Financial account ownership, 917M adults Mobile technology penetration Own account Do not own account 1.3B total 53% population 43% 77% Have network Women 57% coverage l Own mobile a 43% 47% Tot Rural phones 7% Own 50% 50% smartphones MSMEs’ access to credit Share of digital Mobile-money of 50M MSMEs payments accounts 47% 53% <1% 2% of total transactions of adults No Yes by volume 344M $700B (11.8%) $24B Individuals newly GDP boost Reduction in government included in by 2025 leakage financial system 21M $689B New jobs $799B New credit New deposits McKinsey Global Institute Digital finance for all: Powering inclusive growth in emerging economies 81 NOTE: 2014 or latest available data for all statistics except GDP boost.