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RBI Appoints Mohanty Panel for Financial Inclusion

The Reserve Bank of India has announced the constitution of a committee, chaired by Deepak Mohanty, Executive Director, Reserve Bank of India, to review the existing policy with respect to financial inclusion.

The term of the panel will be five years and it would study cross country experiences in financial inclusion to identify key learnings, said a satement.

The panel will examine experiences in technology-based delivery models and come up with a medium term action plan to further financial inclusion in terms of its components such as deposits, payments, credit, social security transfers, pension and insurance.

Visit RBI website at https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=34459 for more details.


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