As I have said on several previous occasions, banks should look upon financial inclusion not as an obligation but as an opportunity to build “fortune at the bottom of the pyramid”. I am also conscious that the bulk of our effort so far has been from the supply side – opening branches, appointing BCs and opening accounts that remain largely inoperative.
5  BIS Review 85/1999  Pre-emptive Policymaking In its deliberations this year, the FOMC has had to wrestle with the issue of what policy setting has the capacity to sustain this remarkable expansion, now in its ninth year. For monetary policy to foster maximum sustainable economic growth, it is useful to pre-empt forces of imbalance before they threaten economic stability.