Monday, November 12, 2012

How banks got the count wrong


Financial inclusion is the new mantra in banking. Taking the poorest of the poor along the banking channels and providing means to a meaningful life is an ideal goal. But whether it could be achieved under the existing system is a moot question. If at all it is achievable, how soon can it be done? Officially Ernakulam will be the first district in the country to win the unique distinction of being the first to achieve ‘meaningful financial inclusion’. It will be declared at a function to be chaired by RBI Governor here on November 22......

Read - The Hindu

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