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    <title>Moving the Boundaries of Financial Inclusion- A Regulatory Perspective (Address delivered by Shri M Rajeshwar Rao, Deputy Governor, Reserve Bank of India - June 05, 2025 - at HSBC&#039;s event for Financial Inclusion in Mumbai)</title>
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    <description>The address frames financial inclusion as a policy imperative focused on access, usage and quality, recounts historical measures such as branch expansion and Priority Sector Lending, and credits JAM and digital payments like UPI for major gains. It summarises RBI regulatory actions to deepen inclusion-adjusting loan limits, expanding PSL and co-lending, revising lightweight digital payment limits, enabling UPI Circle, promoting accessibility and publishing a digital lending app repository-while stressing consumer protection through Key Fact Statements and financial literacy initiatives.</description>
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