These issues are at the forefront of policy discussions on Indian banking and would need to be pro-actively addressed, now. Interest Rate Scenario The first important issue that I would like to highlight relates to interest rates. As a result of interest rate deregulation, the interest rate structure of banks is competitively determined in the market, barring a few exceptions.
I believe that it is necessary that the Bank continue to persistently pursue powerful monetary easing under 4/5  BIS central bankers' speeches  QQE with Yield Curve Control. IV. Challenges for Japan’s Economy I would now like to express my thoughts regarding the current situation for Japan’s economy from a longer-term perspective.