Setting up a bank so child laborers can save is recognized, by some persons, as a good thing.
This is in India where child labor is rampant and civil rights in general are all but nonexistent.
Perhaps in a nation of 1.2 billion people this is the best you can hope for.
I see this as very cynical. Banks strike me as having taken advantage of every economic sector without even the tiniest bit of social conscience in evidence. I can’t imagine this will be any different.
This is a horrific capitulation to a horrible reality that nobody cares to address. By various measure, injustices of this nature are increasing all over the globe. This will not end well.