Is it possible for the industry to set quantifiable targets in terms of reducing the number of cheques, increasing the number of electronic transactions, increasing the acceptance infrastructure etc? Could the industry also think of providing incentives for banks for achieving the quantifiable targets?
Finally, since the theme of the Conclave is on profitable growth, let us understand that profitable growth pre-supposes a few premises as under: (a)  Do we have a compelling mission, vision and differentiated strategy that all our stakeholders fully understand and accept? (b)  Do we have the right people, processes and organizational structure to achieve our aspirations?