4  BIS central bankers’ speeches  Finally, for very valid reasons, financial inclusion recognises a variety of policies packaged as appropriate for different countries. They may reflect differing degrees of emphasis on deposit-taking, extending credit, easing transactions and remittances, or popularising or innovating financial instruments.
Data have been collated and are being analysed on many aspects of financial inclusion for purposes of cross-country comparisons, and difficulties in interpreting the data are recognised. The Indian case Financial inclusion as currently understood in India is, in some ways, different from what I had envisaged when it was adopted in India.