This is in line with its broad financial sector reform agenda of promoting a more efficient financial system by lowering financial intermediation costs. The adjustment in reserve requirement ratios is aimed to ensure sufficient domestic liquidity in support of increased economic activity.
  We have encouraged banks to leverage technology to attain greater reach and penetration while keeping the cost of providing financial services to the minimum. While we remain technology neutral, we require banks to seamlessly integrate whatever technology they choose, with their CBS architecture.   We have advised banks to adopt innovative business models and delivery channels to expand their FI efforts.