We can answer this question in various ways: as we have seen, even focussing just on survey indicators leaves one with the doubt as to which one is the most reliable when faced with possibly contradictory signals. But in order to prove the case today, I will illustrate two advantages of using many series combined together.
Accordingly, domestic SCBs have been mandated in the Monetary Policy Statement – April 2011 to allocate at least 25 per cent of the total number of branches to be opened during a year in unbanked rural (Tier 5 and Tier 6) centres. There are few studies on the impact of bank branches and development.