As the payments bank may operate in remote areas mostly through BCs, ATMs and other networks, the payments bank will be required to have at least 25 per cent of physical access points including BCs in rural centres. Further, we require that a controlling office for a cluster of access points should also be established for control over various outlets and customer grievance redressal.
But this forum will also serve to expound this line further. Ladies and Gentlemen: As I draw to a close, it is important to underscore that the Central Bank will continue to be guided in its financial sector policy initiatives by the following tenets: •  First, in conjunction with the Government, the creation of an enabling environment for financial sector players.