Over the past decade, the Indian banking sector has witnessed a sustained push in the form of various initiatives and reforms from the government as well as the Reserve Bank of India (RBI). This sector specifically, has grown significantly in terms of customer base, coverage and business.

The focus of financial inclusion efforts for many years has been on expanding the access to credit. While access to credit is no doubt important, the RBI and the government are now also looking at other important aspects of financial inclusion. This includes improving access to remittance and payment systems and also providing greater access of savings and insurance schemes.

Is this a more holistic approach towards the issue?

In order to understand the challenges faced by the public sector as well as private sector banks in reaching out to the unbanked and to pave the way forward, Mint had put together a panel of industry experts and thought leaders to discuss as well as debate over financial inclusion in India and how there needs to be viable business model for it to succeed in the future