For evidence about price reactions to news, see Jon Faust, John H. Rogers, Shing-Yi B. Wang and Jonathan H. Wright (2003), "The High-Frequency Response of Exchange Rates and Interest Rates to Macroeconomic Announcements," International Finance Discussion Paper 2003-784 (Washington: Board of Governors of the Federal Reserve System, October), and also Jon Wongswan (2003), "Transmission of Information across International Equity Markets," International Finance Discussion Paper 2003-759 (Washington: Board of Governors of the Federal Reserve System, February).
It seems to be an imaginative idea on part of ASSOCHAM to invite the banking supervisor to inaugurate the session in a bid to arbitrate between the banker and borrower and invite the wrath of both! On a more serious note, a determining aspect of the banker-borrower relationship is built on trust and understanding.