That is no way to attract immigration; on the contrary, it would boost emigration. And that is a position we do not want to be in. Before dealing with the social problems we should examine them realistically, as a sine qua non for formulating the appropriate policy.
UCBs in addition to the services permitted for SFBs are also permitted to open specialized branches, undertake intraday short selling in secondary market transactions in government securities, undertake ready forward contracts in corporate debt securities, open currency chests, access Liquidity Adjustment Facility (LAF), membership to NDS-OM, engage the services of Business 2  BIS central bankers’ speeches  Correspondents (BC) / Business Facilitators (BF), act as PAN service agents and issuer of Pre-paid payment instruments, trading facility to demat account holders, mobile banking, access to centralized payment systems like RTGS, NEFT, etc.