April 2016

FIPS 2015 – KV Brahmaji Rao, Executive Director, Punjab National Bank

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EQUAL OPPORTUNITY TO EVERYBODY

Growth is a universal aspect that will continue even in terms of economy. Inclusive growth means providing equal opportunity to everybody.

In the last 12 to 15 years, we have seen massive financial reforms in the country. Financial inclusion is something which had been thought upon from the very beginning, that’s why the banks have expanded their branches to increase penetration in India. Several banking initiatives have been taken in the past, which resulted in achieving a growth of 9.7 per cent in 2007.

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