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Committee on Medium-term Path on Financial Inclusion was an experts committee formed by the Reserve Bank of India (RBI) on 15 July 2015 to create a five-year plan for financial inclusion in India. It was headed by Deepak Mohanty , executive director of RBI.
Committee on Comprehensive Financial Services for Small Businesses and Low Income Households (commonly known as the Nachiket Mor Committee) [1] was an expert committee formed by Raghuram Rajan on 23 September 2013, [2] after he was appointed as the governor of the Reserve Bank of India (RBI). It was headed by Nachiket Mor.
The Raghuram Rajan Committee on Financial Sector Reforms was a committee constituted by the Government of India in 2007 for proposing the next generation of financial sector reforms in India. It was chaired by University of Chicago economist Raghuram Rajan who had earlier been the chief economist at the International Monetary Fund .
This financial inclusion campaign was launched by the Prime Minister of India Narendra Modi on 28 August 2014. [2] He had announced this scheme on his first Independence Day speech on 15 August 2014. Run by Department of Financial Services , Ministry of Finance , on the inauguration day, 1.5 crore (15 million) bank accounts were opened under ...
UNEP FI does this by providing practical guidance and tools which support institutions in the finance sector to find ways to reshape their businesses and commit to targets for limiting greenhouse gas emissions, protecting nature, promoting a circular economy and supporting financial inclusion to address inequality. The solutions developed ...
A uniquely important policy problem in India is that of financial inclusion. This forms the rationale for the development agenda in finance. The agenda relates to (i) the development of missing markets, such as the bond market, and achieving scale and outreach with nascent markets; (ii) redistribution and quasi-fiscal operations where certain ...
Bharat Financial Inclusion Limited (formerly known as SKS Microfinance Limited) or BFIL is a banking & finance company (NBFC), licensed by the Reserve Bank of India. It was founded in 1997 by Vikram Akula , who served as its executive chair until working. [ 3 ]
The institutional structure for India’s Financial Inclusion/ Literacy programme is unique as it has an apex body in the Financial Stability and Development Council (FSDC), headed by the Finance Minister of Government of India, mandated, inter alia, to focus on attaining financial inclusion/ literacy goals. [6]