Some changes, propelled by the forces of de-regulation in the 1980s, were revolutionary and some are driven by regulatory overhauls triggered by episodic financial meltdowns in some of the world’s major economic hotspots. Quite some radical innovations have been prompted by the inexorable inroads made by digital and other technological breakthroughs into banking activities.
Deepak Mohanty: Managing capital flows Welcome remarks by Mr Deepak Mohanty, Executive Director of the Reserve Bank of India, at the Reserve Bank of India-Asian Development Bank conference on “Managing capital flows”, Mumbai, 19 November 2012. *  *  *  Ladies and Gentlemen, 1.