As part of these programmes, the Top management visits villages across the country to interact with the villagers to understand their problems and expectations and, at the same time, tell them  10  BIS central bankers’ speeches  about Reserve Bank’s policy initiatives and the advantages of being linked to the formal banking sector.
I also wish to advise that the Central Bank will not exercise the option to bring the matter before the Court where the credit union opts for the payment of an administrative fine. As such, even though the provision for criminal charges is in the law, it will be used only as a very last resort when all else has failed.