*  *  *  Ladies and gentlemen, The Vice-President and I are here today to report on the outcome of today’s meetings of the Governing Council of the ECB, which was attended by the European Commissioner, Mr Solbes Mira. The outcome of today’s discussion was that the Governing Council has decided to leave the prevailing ECB interest rates unchanged.
Nair, Chairman IBA and Chairman and Managing Director of Union Bank of India; Mr. Bhaskaran, Chief Executive Officer, Indian Institute of Banking and Finance; Representatives from EBTN, Distinguished participants from different parts of the Globe, invited guests, Ladies and Gentlemen: I am delighted to be here amidst all of you at the 62nd International Banking Summer School (IBSS) being organised by the Indian Institute of Banking and Finance (IIBF) jointly with the Indian Banks' Association (IBA).