financial inclusion

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    Streamlining Credit: RBI Updates Lead Bank Scheme Guidelines

    Mumbai, February 13 The RBI on Friday proposed revised guidelines for the Lead Bank Scheme (LBS) to streamline operational aspects and further enhance the effectiveness of the programme, which was introduced in 1969 to coordinate development activities at the district level.The LBS aims to...
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    Ministry of Finance Focuses on Bringing Unbanked Individuals into the Credit System

    New Delhi, February 11 The Ministry of Finance, along with all other stakeholders, discussed the need to formulate strategies to bring individuals currently outside the formal credit system into the mainstream credit framework, among other things, to promote financial inclusion.Financial...
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