4  BIS central bankers’ speeches  With an objective of ensuring provision of banking services in all parts of the country, banks were advised to draw up a roadmap to provide banking services through a banking outlet in every unbanked village having a population of over 2,000 by March 2012.
These current high rates of inflation are the result of a series of overlapping shocks that have hit the global economy over the last two and half years, beginning with the onset of the pandemic in the spring of 2020. Economy-wide shutdowns disrupted production and distribution, leading to widespread supply bottlenecks.