This unique combination of responsibilities for monetary policy combined with macroprudential regulation and microprudential supervision with an implicit mandate for systemic oversight has allowed the Reserve Bank to exploit the synergies across various dimensions. The micro-level information coming from supervision of individual institutions has been a valuable input for shaping the macro perspective.
Parents deserve a shout-out as well for their part in helping reconstruct something as enormous and consequential as our entire education system. And students have also shown remarkable courage and resilience. For all of us, daily life has been disrupted, milestones like birthdays and graduations have been missed, and a once-in-alifetime crisis has cast a shadow of insecurity and uncertainty.