01378pab a2200169 454500008004000000100001800040245007000058260000900128300001600137362001100153520085100164650002701015773003401042909001001076999001701086952010501103180718b2005   xxu||||| |||| 00| 0 eng d  aMor, Nachiket  aExpanding access to financial services: where do we go from here?  c2005  ap.1122-127.  a19 Mar  aDespite a plethora of initiatives, it is estimated that over 500 million people in India continue to have no access to financial services. While ensuring the accessibility of such services does not constitute the sole panacea for economic growth, there are definite causal links between ensuring such increased access, growth and poverty reduction. To make real progress on this front, India needs to redraft its current approach to providing financial services. Steps that are tailored to meet local needs for finance need to be worked out by drawing on past experiences and studying those adopted by other countries. However, three steps are vital as preliminary requirements, (i) increased sophistication in bank regulation, (ii) development of basic financial services infrastructure, and (iii) an adaptive regulatory framework. - Reproduced.  aFinancial institutions  aEconomic and Political Weekly  a64537  c64537d64537  00104070aIIPAbIIPAd2018-07-19hVolume no: 40, Issue no: 12pAR64989r2018-07-19w2018-07-19yAR