A decentralized approach was advocated through targeting 100% financial inclusion district by district involving the DCC and bank and government officials to facilitate enrolment and identification. Another very important policy measure in January 2006 was to allow banks to adopt the agency model or what is known as the Business facilitator /Business Correspondent model for achieving greater outreach through intermediaries /agents.
The results have been extremely impressive. In just two years the number of no frills accounts opened by banks has increased from around half a million accounts in March 2006 to 15 million in 2008.