CASE STUDIES

RBI INITIATIVE ON FINANCIAL INCLUSION, 2010

In 2010, RBI conducted a study about financial inclusion in India. Winstep participated in the study and provided insights. The whole exercise provided a shape to RBI policies for next several years. Some of the objectives laid out were:

- Opening of no-frills accounts
- Relaxation on know-your-customer (KYC) norms

- Engaging business correspondents (BCs)
- Use of technology

- Opening of branches in un-banked rural centers