I do not know what the outcome of the BlackRock exercise will be and the results will be known by the end of the year. There is a buffer in the Bank Stabilization Fund and if a need arises, this is an assurance to financial stability and depositors. You are right that credit provision to the real economy is a concern.
The dream of financial inclusion cannot be realized unless the banking transaction costs are brought down substantially. This would need a collective effort from the policy makers, bank managements, regulator and the employees. Effective use of the new factors alluded to above- skills, technology and human capital- would help in increasing the productivity and, thereby, lowering the transaction costs.