RBI’s Subbarao pushes for financial inclusion

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Duvuuri Subbarao, the governor of the Reserve Bank of India, on Wednesday unveiled an ambitious set of targets for financial inclusion.

Subbarao said that the Reserve Bank would push for three targets for financial inclusion.

The Reserve Bank would call on the lead bank in each district of the country to draw up a roadmap for ensuring that each village of more than 2,000 people had a banking outlet by March 2011, though he emphasised that this would not necessarily have to be a branch. "Cost, of

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