Banks have also been given the freedom to open branches in centres with population of less than 1,00,000. Fourth, use of technology and innovative delivery models so that the cost for providing large quantum of small-ticket transactions could be brought down.
Second, we want to ensure that the results of internal models are conservative and driven by actual risks, and not by modelling choices. This will strengthen trust in the banks’ calculation of risk and, ultimately, in the adequacy of capital buffers. Thank you for your attention. 2/2  BIS central bankers' speeches