Since inflation is hovering below our target objective, we need to thoroughly analyze and review price conditions and explain them to the public in detail. 4 / 8  Continuous efforts must be devoted to researching medium-to long-term tasks in response to evolving policy conditions. Recently, there has been active research in major economies about rethinking the monetary policy framework.
It is also essential for the nodal officer to do a root cause analysis and drill down to the specific cause of the complaint to ensure that the same is addressed. For every complaint that is received, there may be several such irritants across branches, or there may even be a systemic issue underlying the complaints which may be serious.