.......Regional director, Reserve Bank of India (RBI), Patna, M K Verma described it as a "laudable move" and said banking inclusion of the underprivileged has been the RBI's priority and several programmes had been held by it to achieve the same. Verma said on Friday the scheme will not only help the marginalized sections but also the government in ?capital formation'. The country had a very shallow (capital) market, hence the government had to opt for foreign direct investments and foreign institutional investments. Bringing more people under the ?banking umbrella' might help in increasing the depth of the Indian (capital) market..........
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