Financial Inclusion as a holistic benchmark of a country’s advancement and its commitment to meet the aspirations of its disadvantaged franchisee is a “Goal” to pursue by all the concerned players. All of us, the RBI, the banks and financial institutions, the fringe players facilitating the financial inclusion process have to work hard for the sustainable inclusive growth, both social and economical.
In practice, since the global financial crisis, major central banks including the Federal Reserve have conducted large-scale government bond purchases and have succeeded in pushing down longer-term interest rates.