The Reserve Bank of India has constituted a Financial Inclusion Advisory Committee (FIAC) to spearhead the efforts towards greater financial inclusion in the country. Deputy Governor K. C. Chakrabarty will chair this high-level committee. Apart from Chakrabarty, the committee will comprise 11 members — Y. H. Malegam, Dipankar Gupta, Ela Ramesh Bhatt, D. K. Mittal, Nachiket Mor, M. S. Sriram, R. S. Sharma, B. Sambamurthy, Rama Vedashree, P. D. K. Rao, and K. R. Kamath. “A need was felt to engage the members from the civil society and non-governmental organisations and others for a sound and purposeful collaboration,” the RBI release said.

(This article was published on October 11, 2012)
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