Mobile Broadband: Enabling Last Mile Connectivity
The government and the RBI have made efforts to facilitate provision of financial services to the hitherto unbanked / underbanked areas. The RBI used the term financial inclusion for the first time in its annual policy statement of 2005-06, Since then the banks have taken several measures for promoting financial inclusion such as advising banks to open ‘no frill’ accounts, introduction of business correspondence (BC)/Banking Facilitators (BF) model, promotion of... Read More
