The misconceptions are slowly giving way to the belief that inclusive growth is necessary for the overall growth and development and that the excluded need to be brought into the fold of financial system.
Given the belief that credit is a basic human right, as advocated by the Nobel Laureate, Professor Muhammad Yunus, and that the poor can overcome poverty by generating their own employment and income, we have to develop, on an urgent basis, a financial system which takes care of the needs of the poor.