The Hindu Business Line : Govt's financial inclusion scheme going full steam ahead
Interesting. That the Secretary of Financial Services issued a statement about Financial Inclusion, Inclusive Growth and related issues today while this position was being paid attention and focussed by RBI and the banking system for at least last five-six years. Technology has no doubt been of greatest use to leverage the rural banking in this century. Is it not the responsibility or failure of the GOI that even after sixty three years of independence and eleven five year plans (with two major bank nationalisations), the country has only 40% of the population with bank accounts. It is time that RBI realises the real problem and offer remedies to retrieve from the position.