Dainik Bhaskar Financial Inclusion Conclave 2012 takes place today

The conclave is being held at Hotel Le Meridien in New Delhi

August 29, 2012:

Dainik Bhaskar's Financial Inclusion Conclave is being held today at the Hotel Le Meridien New Delhi. Dr. C. Rangarajan, Chairman, Economic Advisory Council to the Prime Minister, will be the Chief Guest for the inaugural session and Sachin Pilot, Hon'ble Minister of State, Ministry of Communications and IT, as the Chief Guest for the valedictory session on this special occasion.

Despite heightened focus on financial inclusion visualized by the Prime Minister of India, the banking system has a long way to go to bring the under and un-banked into the mainstream banking fold. India has currently the second-highest number of the financially excluded households in the world. Even after forty years since nationalization of banks, overwhelming majority of the population has limited or no access to formal banking and financial services.

There are various institutions, governmental and non-governmental departments working to achieve the goal to make formal banking and financial services available to every Indian.The Dainik Bhaskar Group, being the largest spread newspaper group in India, understands the importance of this major initiative in the nation building and has decided to create a platform which will bring together the various stakeholders, policy makers, financial institutions, banking and non-banking organizations, IT & technology providers, and social activists together to find ways and means of strengthening the country`s financial inclusion process and achieve the dream of 'Reaching out to the Unreached'.

Jaideep Dhagat, Senior General Manager and Business Head, National Government Vertical, Dainik Bhaskar Group, said, “We organize conclaves to accentuate the serious issues and bring forth the reforms in our society. There is a huge impetus given by the Govt. of India on inclusive growth and it has become a priority. We have seen tremendous efforts by institutions like RBI, IRDA and PFRDA over the past decade and yet there are many people in the unbanked category who are deprived of adequate information about the nature of financial services that might be available to them.”

Through Dainik Bhaskar's reach & readership of more than 1.9 crore readers daily, 17 FM radio stations, and with access to more than 100 million e-readers through our websites, Dainik Bhaskar Group can become the vital link to reach out to the masses in the most effective manner.

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