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What Are The Steps Taken By Banks To Promote Financial Inclusion?

Answer»
  1. Publicity of banks so that more and more people open the accounts.
  2. BSBDA so that poor people can also open their account.
  3. People with agriculture land are being provided with Kisan Credit Card.
  4. General Purpose Credit card provided to people with no agricultural land where maximum limit of withdrawal is Rs.15,000 and rate of interest is 4%.
  5. ULTRA small banking and banking CORRESPONDENTS.

CRISIL has made an index to calculate FINANCIAL INCLUSION named as “CRISIL INCLUSIX” and in June 2013, there was 40% financial inclusion as per the index.

CRISIL has made an index to calculate financial inclusion named as “CRISIL INCLUSIX” and in June 2013, there was 40% financial inclusion as per the index.


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