In addition, the Bank started to send its staff to Hong Kong University to let them study Chinese language. Since then, Hong Kong has played a role as a cradle to foster experts on China at the Bank. In 1978, Hong Kong resumed granting licenses to eligible foreign banks, thereby strengthening its status as an international financial centre.
The RCF has however noted that the last round of NSSO survey related to the year 2002. Subsequently, several policy initiatives have been taken by the Government/Reserve Bank to improve the credit flow to agriculture and the needy sectors. These measures had a significant positive impact on financial inclusion as revealed by the data for subsequent period.