top button
Flag Notify
    Connect to us
      Facebook Login
      Site Registration

Facebook Login
Site Registration

What is Financial Inclusion Plan (FIP) in India?

+1 vote
What is Financial Inclusion Plan (FIP) in India?
posted Aug 31, 2017 by Rani Das

Share this question
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer

0 votes

Financial Inclusion Plan is the RBI designed financial inclusion measures to be implemented by commercial banks to provide banking services in unbanked villages. As part of the programme, all public sector and private sector banks have to prepare a three-year plan to extend their services in the identified unbanked areas.

The FIP was implemented in two phases – 2010- 2013 and 2013-2016.

answer Sep 2, 2017 by Mukul Chag
Contact Us
+91 9880187415
#280, 3rd floor, 5th Main
6th Sector, HSR Layout
Karnataka INDIA.