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the India Story - Postal Financial Inclusion

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<strong>Financial</strong> <strong>Inclusion</strong> : Definition“<strong>the</strong> process of ensuring access to financial services or makingavailable timely and adequate credit when needed by vulnerablegroups , such as weaker sections and low income groups , at anaffordable cost ”- Dr. C RangarajanChairman,Economic Advisory Council to <strong>the</strong> Prime Minister of <strong>India</strong>“‘nono-frills’ accounts with perhaps a small overdraft facility, should be<strong>the</strong> easiest way for financial inclusion”- Dr. Y V ReddyFormer GovernorReserve Bank of <strong>India</strong>

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