The Reserve Bank of India in co-ordination with the Government of India and other stakeholders has come up with various policy interventions to enhance financial inclusion and increase financial literacy in the country from time to time. This policy received further fillip during 2010 with the adoption of financial inclusion plans, which are self-set targets in blocks of three years which are developed by the Boards of the banks to expand the outreach in terms of outlets and access to a bouquet of products which, inter alia, includes KCCs and General Credit Cards (GCCs).
PMJDY
In August 2014, the Government ....