They must revisit their business model to support the income earning ability of the borrower. MFI’s will have to take initiatives to retool the product design towards garnering new customers and for acquiring more share of the market. MFI’s will have to re-engineer the customer responsive processes so as to create a favourable climate for doing business.
What matters, after all, is successfully realising the joint project of monetary union on an enduring basis. BIS Review 84/1998