Reserve Bank of India - Committee on Comprehensive Financial Service for Small Businesses and Low Income Households Report


The purpose of this report to ensure the achievement of several key goals for financial inclusion such as universal access to a bank account; a ubiquitous payments infrastructure; and a base level access to all the other financial products such as credit and insurance within a relatively short period of time.

The report is divided into seven sections. Section 1 introduces the report. Section 2 provides the vision statements, current data on access, design principles and a theoretical framework to examine various banking system designs. Section 3 examines issues relevant to the goal of a ubiquitous payments network and universal access to savings. Section 4 examines issues relevant to the goal of sufficient access to affordable, formal credit. Section 5 examines issues relevant to the goal of universal access to investment and risk management products. Section 6 examines issues in customer protection. Section 7 examines issues relevant to measurement and monitoring of comprehensive access to financial services.

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Tuesday, January 7, 2014
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Reserve Bank of India
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