The focus on monitoring is now more on the usage of these accounts, which is to be monitored through the number and value of transactions in BSBDAs and on the credit disbursed through ICT-based BC outlets. Financial inclusion plan 2013–16 10. The first three-year Financial Inclusion Plan of banks for the period 2010–2013 has ended.
Although there has been reasonable progress in the penetration of banking services and opening of basic bank accounts, the number of transactions through ICT-based BC outlets is still low. To continue the process of ensuring access to banking services to the excluded, banks are to draw up a 3-year FIP for the period 2013–16.