Ultimately, the objective is to lower the operating costs through technological innovations whereby, financial inclusion becomes a profitable business. This will result in a huge upside to the bank in the form of stable deposits. Financial inclusion would be a catalyst to growth and would also contribute indirectly to financial stability.
We hope that the initiatives in this space, encouraged by Government as well as Reserve Bank, shall get enthusiastic support from the banking fraternity and help us achieve the dream of inclusive growth, which can catapult India into the next orbit of development in the foreseeable future.