Is it possible that such “hands on” and “very successful” communications by the central banks in the world to maintain financial stability have resulted in under-pricing of risks by the private sector, or in distinct lowering of aversion to financial risks?
Similarly, women availed only 18 per cent of the total small credit from banks in 2011. Therefore, initiatives to empower women should, necessarily, include strategies to link them to the formal financial system by providing them access to deposit and credit accounts. 11.