The 177 women of Lakshmi’s self-help group have all borrowed and repaid their loans. 3. Aruna and Lakshmi are just two of the millions of women across the country who have demonstrated what is possible if only rural women can have access to basic financial services.
Small banks’ business models are neither per se simple nor automatically low-risk – and that is 4/5  BIS central bankers' speeches  particularly true when looking at them as a whole. A proportional regulatory regime must therefore be simple yet robust. Financial stability must not be put at risk. 6.