RBI's Chakrabarty discusses increasing financial inclusion
Reserve Bank of India (RBI) deputy governor K C Chakrabarty on April 22 outlined the structures adopted in India aimed at improving financial inclusion among the population.
Speaking at a Financial Literacy and Consumer Protection conference in Washington, DC, Chakrabarty, who is responsible for the rural planning and credit department, said one policy adopted by the RBI was that all banks are required to prepare a plan for increasing financial inclusion.
The RBI aims to have a bank-led model
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