Tuesday, October 1, 2013

A practical agenda in financial inclusion: What RBI Governor Dr Rajan needs to do?

.........Given the above, Dr Rajan’s first task would be to ensure that the RBI puts out a proper working definition of “financial inclusion” and ensures that all stakeholders promoting and/or looking at financial inclusion use the same consistent definition. Otherwise, outreach figures on financial inclusion would be meaningless and cannot be evaluated or compared in a serious manner...............

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