Our intent is to have clean and fully provisioned bank balance sheets by March 2017. Why not do everything in one go rather than over a period of six quarters? Precisely because a number of these loans can be regularized, or stabilized when weak but regular, through the right collective actions.
Every aspect of a financial inclusion strategy – whether it is the design of products and services or the delivery mechanism – needs to be viewed in terms of the business opportunity that it offers and not as a deliverable that has been imposed on the service provider.