Rajan sees bright future on inclusion but stresses work to be done

Raghuram Rajan
Raghuram Rajan, outgoing governor of the Reserve Bank of India

Formal financial services will be available to any Indian who wants them "in the foreseeable future", Raghuram Rajan said today (July 18). The country has "come a long way" on financial inclusion, though he stressed it "still has a way to go".

The outgoing governor of the Reserve Bank of India sketched out India's transition away from relying on mandates and subsidies towards building enabling frameworks that "make it attractive for financial institutions to target the excluded".

He stressed the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: