RBI: financial inclusion crucial

Financial inclusion is the biggest challenge facing India's banking industry and the Reserve Bank of India, said Vittaldas Leeladhar, a deputy governor at the central bank.

The central bank has done its part, the deputy governor noted, including providing a website on banking in 13 languages.

The central bank is also planning to allowing banks to open accounts for customers who self-certify their address and photograph, he added.

To read the speech, click here

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