https://www.taxtmi.com/article/detailed?id=1560 The document emphasises regulatory and operational measures to achieve financial inclusion by extending affordable banking services - savings, credit, remittance and insurance - to excluded groups through tools such as no-frills accounts, simplified KYC, GCCs, technology adoption, financial literacy and Business Correspondents. It recommends convergence of Electronic Benefit Transfer with Financial Inclusion Plans and adoption of a One District-Many Banks-One Leader Bank model involving leader-bank MOUs, beneficiary enrolment by BCs/CSPs, electronic inter-bank credit flows, same-day beneficiary credit confirmation, MIS reporting and periodic reconciliation to create a scalable, sustainable outreach model. en-us Wed, 04 Jan 2012 14:10:26 +0530 Wed, 04 Jan 2012 14:10:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1560 The document emphasises regulatory and operational measures to achieve financial inclusion by extending affordable banking services - savings, credit, remittance and insurance - to excluded groups through tools such as no-frills accounts, simplified KYC, GCCs, technology adoption, financial literacy and Business Correspondents. It recommends convergence of Electronic Benefit Transfer with Financial Inclusion Plans and adoption of a One District-Many Banks-One Leader Bank model involving leader-bank MOUs, beneficiary enrolment by BCs/CSPs, electronic inter-bank credit flows, same-day beneficiary credit confirmation, MIS reporting and periodic reconciliation to create a scalable, sustainable outreach model. Articles Other Topics Wed, 04 Jan 2012 14:10:26 +0530 https://www.taxtmi.com/article/detailed?id=1560