GS1 · UPSC Mains

The recent RBI decision to give licenses to Small and Payments banks is seen as a positive step towards heralding financial inclusion. Explain how these banks will help in financial inclusion. What are the challenges these banks are likely to face?

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Muhammed Abdaal Akhtar—VisionIASp.13
Nidhi Gupta—VisionIASp.13

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