Friday, August 10, 2012

RBI asks banks to make financial inclusion more meaningful

The Reserve Bank Thursday asked banks to make financial inclusion more meaningful and ensure qualitative coverage through proper functioning of banking correspondents. "Banks should ensure qualitative coverage of financial inclusion through proper functioning of banking correspondents," RBI Governor D Subbarao said in a specially convened meeting of State Level Banking Committee (SLBC) after its central board meeting Thursday.............

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