Disabling shocks to the global financial system can arise from a variety of factors and circumstances, including macroeconomic weaknesses, the collapse of major individual institutions, and weaknesses in the infrastructure that underpins and connects financial systems. That requires transparency, close monitoring and, if necessary, coherent and appropriate action to forestall accelerating developments.
Also, the banking correspondent mechanism is yet to mature to a level where they can play a key role in credit disbursal. Second and perhaps a more import dimension is availability of credit at a time when it is required by the entrepreneur.