It is vital that this process gains momentum and extends its reach across institutions and countries. And it is equally important that the steps taken are not just a passing fashion but become a permanent element of a new business culture. *  *  *  The upshot of this analysis is straightforward.
The Reserve Bank is also the central bank – that is it is the bank of banks and the bank of the Government of India as well as of state governments. On top of all this, and importantly, the Reserve Bank has a key role in the economic development of the country and drives an impressive social development agenda.