General Manager, Priority Sector, Central Bank of India
‘Moneylenders as the BCs would be the best choice’
Second panel discussion
FINANCIAL INCLUSION: WILL A GOOD MISSION MEET A GOOD MARKET.
Financial inclusion is definitely a good mission, and it will be a good market too if it’s done properly and in a systematic manner, RB Gupta, general manager, Central Bank of India, said. “Opening bank accounts is not the solution. Credits should be made easily available for it to work,” he said. The problem of the huge gap between the demand and supply side is the lack of financial literacy among a large section of the population, he pointed out.