The focus has  BIS central bankers’ speeches  3  now shifted from just opening of accounts to the volume of business transacted in these accounts, which is the key for making the FI model a success. BC based delivery model Delivery of financial services through the BC model would be key to the success of our financial inclusion initiatives.
If the bank-led model is to succeed, it is imperative that it is able to leverage upon BCs to deliver efficient and cost effective access to services. However, our current experience is that the BC based delivery model is still evolving. While banks are experimenting with various ideas in search of the optimal delivery mechanism, it still continues to be the weakest link.