Mumbai, Feb. 6 -- The Reserve Bank of India (RBI) has come up with a statement on developmental and regulatory policies. Following regulatory policy measures relating to financial inclusion were announced.

Revision in Lead Bank Scheme: The Reserve Bank has undertaken a detailed review of the existing guidelines on Lead Bank Scheme (LBS). It is now proposed to issue a comprehensive set of instructions on the Scheme with a view to streamline the operational aspects. In the revised Scheme, the objectives of LBS and the framework to achieve them are proposed to be delineated clearly. The revised guidelines are expected to enhance the effectiveness of the Scheme. The draft Circular will be issued shortly for public consultation. In addition, ...