India, May 15 -- Several decades ago, what eventually evolved into Grameen in Bangladesh was challenging conventional banking models and the inability of the organised financial system to include the poor within the ambit of banking. The Grameen model, which became the micro-finance revolution across large parts of the world including rural India, challenged the conventional infrastructure intensive outreach that never really embraced nearly 70% of the population living in rural pin codes in India. Now, technology and process refinements including the use of AI developed to facilitate the delivery of banking services for the poor, has mainstreamed microfinance. Witness the several microfinance institutions that have grown into scheduled c...