..........We need to bring banks and other institutions closer to the customer, either via micro branches or banking correspondents, and increase the use of technology. Access to financial institutions is certainly rising. According to the Reserve Bank of India, all unbanked villages with a population of over 2,000 persons, numbering around 74,000, were connected with banking facilities between March 2010 and June 2012. During the same period, more than 70 million basic banking accounts were opened to take the total number of such accounts to 147 million................
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