The Reserve Bank today said financial inclusion plan will be an important criteria for getting new bank licences in the private sector. Speaking at a function in New Delhi, RBI Governor D Subbarao said, the RBI came out with new bank licence guidelines last month wherein it said the important criterion for processing application would be business model of the applicants and it should provide for financial inclusion. He said,New banks are required to establish at least 25 per cent, a quarter, of their branches in places with less than 10,000 population.Listing the various challenges for financial inclusion, Mr Subbarao said a liberalised Know Your Customer (KYC) norm andhaving the unique identity number would help simplify the process.He said banks still see financial inclusion as an obligation and not as business opportunity and hence the reachof inclusion was less.He asked banks to take up financial inclusion as business opportunity to help poor come under the banking operation.