Regulators in India team up for financial inclusion

Banks, insurance companies, and will now chip in to create a common strategy to further the government’s agenda in a targeted manner and based on a customer’s need.
A national strategy for is almost ready and soon all financial entities would be directed to coordinate with each other to introduce products step by step. They might even have to customise offerings based on the journey of a customer, Reserve Bank of India Deputy Governor S S Mundra told Business Standard in an interview.

Posted in Quick News on July, 2017