Beyond the traditional role of a CFO, today the focus has shifted to integrity, compliance, regulation, cost control and governance. And from there to strategy because strategy today drives bottom-lines to a very large extent, whether you need to merge, divest, or whether you need partnerships and so on
NC Saxena, Member of the National Advisory Council (NAC) told CNBC-TV18 that NAC's recommendation was for 90% coverage in rural areas, which has been reduced to 75% but that is not the main issue. In fact, he said that the main issue is how to identify the poor people and how to reduce leakages in the system.