<h1>RBI Highlights Financial Inclusion Efforts: No-Frills Accounts, Tech Innovations, Relaxed KYC Norms, and Enhanced Financial Literacy.</h1> The Reserve Bank of India (RBI) emphasizes the importance of financial inclusion to promote broad-based growth and reduce poverty. The RBI's initiatives include expanding access to finance for underserved populations through technological innovations and new business models. Key measures include the introduction of no-frills accounts, engaging business correspondents for doorstep services, using technology for secure transactions, relaxing KYC norms, and simplifying branch authorizations. The RBI has also focused on financial literacy and direct benefit transfers to ensure comprehensive financial inclusion. The ongoing efforts aim to integrate the financially excluded into the formal financial system, enhancing their economic opportunities.