More complete financial inclusion
The Committee on Comprehensive Financial Services for Small Businesses and Low-Income Households (the Nachiket Mor Committee on financial inclusion) has delivered a detailed report in a very short time. The architecture it envisions for a more inclusive financial structure recommends, in essence, moving away from the current structure of several overlapping full-service banks offering a comprehensive array of services over the entire country, towards functionally differentiated and regionally segmented banks.
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