Financial inclusion was formally defined by the Committee, as “the process of ensuring access to financial services and timely and adequate credit where needed to vulnerable groups such as weaker sections and low income groups at affordable cost”. Mrs Usha Thorat was also a member.
And the new notes with the new element seek to strengthen that sense of belonging and commitment to Europe. One of the main tasks of the central banks in the euro area is to ensure the integrity of euro banknotes. This means we have to steadily develop the notes to stay ahead of counterfeiters.