On that basis, in January 2009, we advised banks to: (i) ensure provision of banking services nearer to the location of the no-frills account holders through a variety of channels; (ii) provide GCC/small overdrafts along with no-frills accounts to encourage the account holders to actively operate the accounts; (iii) conduct awareness drives of the facilities offered to the no-frills account holders; (iv) review the extent of coverage in districts declared as 100 per cent financially included; and (v) efficiently leverage on the available technology enabled financial inclusion solutions.
BIS Review 163/2009  3  Business correspondent model 15. Possibly the most important initiative of the Reserve Bank has been the Business Correspondent (BC) model. The BC model ensures a closer relationship between poor people and the organized financial system.