Of course, the statistics would have improved in the last three years given the policy push of the Government, the Reserve Bank and the stakeholders. Clearly, there is a substantial distance that we still need to cover to achieve universal financial inclusion.
Table 2: Select financial inclusion indicators for 2011 Brazil  Russia India China South Africa  United States  Account at a formal financial institution, older adults (%, age 25+)  62.0  51.9  38.0  63.3  59.1  90.7  Loan from a financial institution in the past year, older adults (%, age 25+)  8.1  8.5  8.8  7.9  11.8  21.6  {Source: World Bank(Global Findex)}  18.