RBI definition of Financial Inclusion
The Reserve Bank of India (RBI) in December 2009 changed the definition of financial inclusion by stating that financial inclusion is not restricted merely to opening of bank accounts but must also include the provision of all financial services like credit, remittance and overdraft facilities for the rural poor.
Given below is a map for 2009 showing the percentage of bank account holders in different parts of India and is indicative of the penetration of the formal banking system in India.
Map of Bank A/C Holders in India
Source : Aadhaar