In addition, I strongly support increasing the transparency in financial markets by requiring standardized derivative transactions to be cleared through centralized counterparties, and to the extent feasible, traded on exchanges. Conclusion These reforms will encourage and serve to maintain a diverse and efficient banking system. This means a banking system that includes a healthy mix of community, regional, and large banking companies.
For the purpose, the SBP has not only embarked upon providing a conducive regulatory framework for financial inclusion encompassing promotion of microfinance banking and alternate delivery channels like mobile banking.