Through vigilance and proactive measures, RBAP ensured that your clients understood that these high profile bank closures basically involved a single group that is not representative of the management of other rural banks.
It is often not appreciated when citing these success stories that only one service, i.e., a remittance product, is being offered and not the complete bouquet of financial services envisaged by us. The other three products identified under financial inclusion can obviously not be offered by a non-bank. Moreover, particular environments in a few countries enabled the non-bank led model to be successful viz.