Banks have been asked to finalise their next three-year Financial Inclusion Plan for the 2013-16 period, according to Deepali Pant Joshi, Executive Director, Reserve Bank of India. Broadly, the plan includes self-set targets for opening rural brick and mortar branches, employing Business Correspondents , covering unbanked villages through branches, Business Correspondents and other modes; and opening no-frills accounts to cater to the financially excluded segments............
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