Central banks told to handle financial inclusion with care
Inclusion has potential to help or harm price and financial stability
Financial inclusion carries the potential to lift millions out of poverty and central banks in many countries are showing great interest in it, but it is not without risks, staff at two international organisations warned this week.
On Tuesday, International Monetary Fund managing director Christine Lagarde told an audience at the Reserve Bank of India there should be "speed limits" on financial inclusion policies. Yesterday her second-in-command, David Lipton, gave a similar message to a
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