Differential banking is the way forward if India’s penetration of credit has to be improved.

Appropriate technologies and business models that will enable the affordable credit to underserved markets are critical for financial inclusion.

CIPP has created a blueprint for implementation for such banking, and implemented ethical, research-based advocacy at the senior levels of the government and influencers in the financial services industry. Our sustained advocacy for tighter controls on speculative trading in so-called crypto-currencies has also resonated with India’s regulators.