Bankers have hailed the Prime Minister's call to end "financial untouchability" and opened millions of accounts on the inaugural day itself.
Analysts on Wednesday welcomed the Reserve Bank's decision to grant bank licences to Bandhan and IDFC, but expressed dismay that only two of the over two dozen aspirants made the cut.
Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.
Days after the PM announced a financial inclusion package, a look at how banks and insurance firms are going about it and what lies ahead.
