the India Story - Postal Financial Inclusion

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Financial Inclusion : Definition“the 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 the Prime Minister of India“‘nono-frills’ accounts with perhaps a small overdraft facility, should bethe easiest way for financial inclusion”- Dr. Y V ReddyFormer GovernorReserve Bank of India
Inclusive Growth & Financial Inclusion in IndiaPhase I (1960 – 1980)Social control of Banks (1960)Nationalisation of Banks (1969)Lead Bank scheme (1969)Priority Sector lending stipulation by RBI (1972)Setting up of Regional Rural Banks (1975)
Page 4 and 5: Inclusive Growth & Financial Inclus
Page 6 and 7: Inclusive Growth & Financial Inclus
Page 8 and 9: Population Per Bank Branch (SCBs)En
Page 10 and 11: Access to Savings AccountsSavingsNo
Page 12 and 13: No-Frills Accounts - Banks’ Progr
Page 14 and 15: • Number of Kisan Credit Cards -
Page 16 and 17: Financial Inclusion: The Way Forwar
Page 18 and 19: Post Office Savings Bank• Apart f
Page 20 and 21: Financial Inclusion: India Post•
Page 22: Thank You

the India Story - Postal Financial Inclusion

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