RBI and inclusive credit In this endeavour RBI has adopted a three-pronged strategy which involves: • Setting up of financial intermediaries for extending digital credit or facilitating digital loans, • Nurturing technological infrastructure to ensure safe and seamless credit disbursal and adopting a, • Customer-first regulatory approach Let me share a perspective on each of these three focus areas.
This encouraging situation supports our assessment that our banks are ready for the implementation of Basel 3. We will roll out the capital adequacy framework of Basel 3 in about nine months from today. (4)  Robust external payments position. A robust external position completes our position of strength.