MONTHLY ARCHIVES: APRIL, 2016
Posted on April 06, 2016 by Sumita Kale
RBI's First Bi-monthly Monetary Policy Statement, 2016-17 has set out two main tasks for strengthening the BC network:
The BC model offers significant scope for further strengtheningAccordingly, the following initiatives are proposed:
One of the key recommendations made by Indicus in Service Quality Standards in Telecom Connectivity for Financial Inclusion Policy Brief November, 2015 was to
Put in place a unified, harmonised database of the financial inclusion footprint, in terms of outlets, service points, devices, connectivity and agent networks, aggregated and monitored by a single source
It is gratifying to note that this recommendation has been picked up by the RBI Committee on Medium Term Path for Financial Inclusion (Recommendation 6.7) and is now being implemented.
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