Sir, Iraq is not Vietnam. Different times, different places and different geopolitics. Yet both whisper a warning about the difficulties of taming developing nations that defy our values and views of social progress: the cost may be too high

India presently faces the challenge of achieving financial inclusion, with the banking system estimated to be covering only 400 million of India's population of 1.2 billion. As per Reserve Bank of India (RBI) data, current users of the banking system are largely in urban areas. An important...