The production of central bank statistics is not an end in itself but a central element in the creation of knowledge – knowledge about the structure and functioning of the financial system, knowledge about its interaction with the real economy, and, not least, knowledge about the effects of policy measures affecting the financial system.
Second, our supervisory systems have been strengthened  significantly in recent years by adopting a unified and harmonised supervisory approach for commercial banks, NBFCs and urban cooperative banks (UCBs).7 We have considerably strengthened supervisory macro and micro data analytics to capture potential and emerging risks.