.................Considering the fact that the RBI has created a regulatory framework for the microfinance sector covering all aspects, the microfinance sector has no option but to live up to the expectation of all concerned on the above-mentioned aspects. In view of these developments, all stakeholders should pool their resources to implement many more instruments of confluence to achieve the amalgam of the ‘Funding Capability’ of banks and the ‘Credit Delivery Skills’ of NBFC-MFIs to further the interest of ‘financial inclusion’. Neither banks nor NBFC-MFIs can do it alone. But there is a high probability that they could do it together, and there could be a time-bound acceleration of India’s financial inclusion plans.
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