Raghuram Rajan: Strengthening our debt markets Annual Day Address by Dr Raghuram Rajan, Governor of the Reserve Bank of India, to the Foreign Exchange Dealers Association of India, Mumbai, 26 August 2016. *  *  *  Thank you for inviting me to speak to FEDAI.
Another area would be for the central bank to strengthen its oversight and supervision, with particular emphasis on closer supervision of the emerging conglomerate structures in the banking industry as some of the commercial banks are now owned by industrial groups and brokers. Third, in conclusion, the central bank should energize itself to finance the under-served areas, regions and segments.