Thus, direct lending by banks, use of SHGs and MFIs for indirect lending, use of post offices, local organisations and cooperatives as agents, focus on RRBs, the revamp of the cooperative credit structure, both urban and rural, NBFCs purveying micro-finance and even the possible use of accredited loan providers under money lending legislation – all these reflect this approach.
7  In addition to ensuring that banking organizations comply with minimum regulatory capital requirements, supervisors also must ensure that organizations have the ability to assess their overall capital needs and hold capital commensurate with their individual risk profiles. 8  Internationally, the Financial Stability Forum and the Basel Committee have already begun such a review.