In the Bank’s view, an efficient payments system is promoted where the relative prices of different payment methods consistently reflect their relative resource costs. In reviewing this area, the Bank has indicated that three options have been under consideration.
Impact on India  Initial impact of the sub-prime crisis The initial impact of the sub-prime crisis on the Indian economy was rather muted. Indeed, following the cuts in the US Fed Funds rate in August 2007, there was a massive jump in net capital inflows into the country.