India's monetary policy financially inclusive by design: RBI Deputy Guv

RBI's Deputy Governor Michael D Patra on Friday said that India's monetary policy is financially inclusive by design. This strategy will result in policy effectiveness and welfare maximisation going ahead, he added. "Financial inclusion appears to have gone up, with the level of the RBI's financial inclusion index rising from 49.9 in March 2019 to...53.9 in March 2021," Patra said.