This ensured that monetary policy remained effective. However, in 2012 it became clear that more was needed as markets had gone one step further. They had begun to price in a break-up of the 2/6  BIS central bankers' speeches  euro area. The borrowing costs of governments surged, and the banks got into trouble.
banks must fulfill their core function of intermediating and transferring resources from surplus to deficit units but both deficit and surplus units are those with low incomes consequently the RBI moved swiftly to enforce multiple policy level changes ranging from provision of new products, relaxation of regulatory guidelines and other supportive measures to achieve sustainable and scalable financial inclusion, to ensure that customers who are linked to the banking system is provided with all the basic financial products that are required to enhance their income generation capacity thus helping them to work their own out of poverty.