RBI Governor Dr. Raghuram Rajan has called for bringing down costs of rural banking to achieve financial inclusion. He said that the cost of establishing a bank branch in a village is still economically unviable. Because of this, it is not possible to establish branches in remote areas. In an exclusive interview to All India Radio he also emphasised the need to harness the potential of technological innovation to cater to the financial needs of the rural population. On the issue of consolidation of public sector banks, the Governor said that mergers should only be done between two strong banks to make a bigger stronger bank rather than have a resultant fragile bank. On the recent monetary policy review, Dr. Rajan said that keeping interest rates unchanged will help the common man by tackling high inflation. On the issue of foreign exchange, the Governor said that the Reserve Bank does not have a target for the rupee against the dollar and will let the market forces decide the correct value of the Indian currency.