What about the rest, who actually were far more in number than those with links to banks? So, the reform agenda provided for improvements in the way that the financial sector served ordinary people better and ensuring that it would reach out to all.
My assessment of the common person’s requirements at that time was as follows: What do ordinary people in India, at this juncture want most from us, the central bank? First and foremost, a safe place to keep their cash especially for poor women who have to keep their earnings out of the reach of their drunken husbands.