Modernisation of service industries and the expansion of international trade have been important elements of the reform process in the Baltic States, aimed at establishing a business-friendly and pro-competitive environment for services in Estonia, Latvia and Lithuania

India presently faces the challenge of achieving financial inclusion, with the banking system estimated to be covering only 400 million of India's population of 1.2 billion. As per Reserve Bank of India (RBI) data, current users of the banking system are largely in urban areas. An important...