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Regional
Rural Banking in India has entered its third phase,
after the first two phases of rapid expansion and neo-liberal
reforms, respectively. While the third phase is distinguished
in terms of the few attempts to strike a balance in
the conundrum of 'viability versus outreach', a decisive
break from the policies aimed at liberalization of banking
is indispensable to a 'bank-led equitable rural growth'
strategy. |
