Within the overall traditional prudential framework, what we have tried to do is to have a system of incentives and disincentives that further the financial inclusion objective and while doing so, we have tried to balance the degree of the risk with the ability to achieve greater penetration. Is small beautiful? 9.
Looking at the success of credit unions and community banks world-wide in providing financial services to local communities, it could be argued that smaller regional banks could be the answer for financial inclusion.