Indian banks will have come up with some world-beating business models and innovations to make financial inclusion meaningful and also an effective business model.
However, there have been recent indications that the pace of moderation in food price inflation may be accelerating. 2  BIS Review 110/2009  In response to the downward trend in actual and forecast inflation, the monetary policy stance has been eased progressively by a cumulative 500 basis points since December 2008.