Harun R Khan: Public debt management – reflections on strategy & structure Keynote address by Mr Harun R Khan, Deputy Governor of the Reserve Bank of India, at the 9th Annual International Conference on “Public Policy & Management: Debt Management”, Indian Institute of Management, Bangalore, 11 August 2014.
The fall in net interest income, which began several years ago and will be accentuated by the introduction of the euro, has not been offset by a lasting increase in revenues from innovative activities: corporate advisory services and finance, the administration and management of households’ savings, and business in the international securities markets.