RBI’s Financial Inclusion takes a step forward RBI’s issue of banking licenses to IDFC and Bandhan Financial Services Private Limited, and its consideration of the application of Dept of Posts was welcomed by all and is expected to lead towards an ‘on-tap’ policy, including differentiated licenses. Banks added in 1993-93 were obligated to open branches in rural areas, … [Read more...] about One More Step Forward in RBI’s Financial Inclusion