https://www.taxtmi.com/news?id=11675 The RBI frames Financial Inclusion as ensuring access to appropriate financial products and services by regulated institutions at affordable cost, and promotes a bank-led, commercially viable model supported by partnerships with non-bank agents. Key policy measures include branch expansion in rural and unbanked centres, a combined branch-BC delivery architecture with low-cost support branches, relaxed KYC (including Aadhaar acceptance), Aadhaar-enabled Direct Benefit Transfer, mandated Financial Inclusion Plans for banks, and integrated financial literacy initiatives to increase account usage and transaction volumes. en-us Sat, 07 Sep 2013 11:24:09 +0530 Sat, 07 Sep 2013 11:24:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11675 The RBI frames Financial Inclusion as ensuring access to appropriate financial products and services by regulated institutions at affordable cost, and promotes a bank-led, commercially viable model supported by partnerships with non-bank agents. Key policy measures include branch expansion in rural and unbanked centres, a combined branch-BC delivery architecture with low-cost support branches, relaxed KYC (including Aadhaar acceptance), Aadhaar-enabled Direct Benefit Transfer, mandated Financial Inclusion Plans for banks, and integrated financial literacy initiatives to increase account usage and transaction volumes. News - Sat, 07 Sep 2013 11:24:09 +0530 https://www.taxtmi.com/news?id=11675