To ensure financial sector stability, the Central Bank provides prudential guidelines and other regulations to guide the operations of the banks and micro finance institutions to provide proper functioning and orderly exit. The Bank is also charged with the responsibility to promote an efficient and effective payment, clearing and settlement system. This facilitates the proper working of the financial sector and stable payments systems.
Getting an award is always an exciting and motivating event particularly when you are getting it in the presence of the doyens or giants of the sector like Dr Rangarajan and Padma Vibhushan Dr Y V Reddy.