Underprivileged customers

One can understand RBI Governor Dr D. Subbarao getting piqued as India has been ranked 50 in the first-ever index of financial inclusion prepared by the Indian Council for Research on International Economic Relations (ICRIER), below countries like China, Kenya and Morocco. Financial inclusion means making banking and others financial services available to the poor. Over the last two-three years, Dr Subbarao has been literally prodding banks to go for financial inclusion, so one can imagine his disappointment to see India, a democracy, at the bottom of the ladder on this score...........

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