‘Banks must look at last mile in micro finance’

Financial inclusion is a necessity, a pre-requisite for growth

Is there a business case for banks to do the ‘last mile’ themselves in micro finance operations? Urging them to ponder over this, the Reserve Bank of India (RBI) Governor, D. Subbarao, asked banks to look at the feasibility of ‘re-occupying the last mile’ in micro finance operations............

Read - The Hindu