And the prime minister surprised us by going much further than those guys in Amsterdam and Azerbaijan. He didn’t even ask us for our bank details. He created them. His government, he told the nation on Independence Day 2015, had set up 170 million new bank accounts. These were mostly for poor Indians who had never had one before. And this was unique in that you could hold the account with zero balance. And indeed, 50 per cent or more of those accounts remain exactly that way. Zero balance. Imagine tens of millions of Swachch Bharatvasi accounts, completely clean of cash or crime. No processing fee either. Certainly not £150 anyway. Goodbye Liechtenstein. Public sector banks, saddled with countless crores in non-performing assets, grumble that each account, used or not, costs money to set up. The entire process could possibly end up costing more than Rs 2,000 crore, they say darkly. But bankers will be bankers. They are always carping.