Understanding Financial Inclusion
Financial inclusion mainly focuses on the poor who do not have formal financial institutional support and getting them out of the clutches of local money lenders. As a first step towards this, some of our banks have now come forward with general purpose credit cards and artisan credit cards which offer collateral-free small loans.
Financial Inclusion – Policy & Framework in India
The First Mile Walk into Financial Inclusion – Thinking Differently
(Address by Dr. K. C. Chakrabarty, Deputy Governor, Reserve Bank of India at the Inaugural Session of the Financial Inclusion Conference 2012 “The First Mile Walk into the Financial System” organized by FICCI and Sa-Dhan at New Delhi on August 7, 2012)