However, the reality is that we cannot sleep on our laurels. This is the time for us to gear up for the challenges ahead. We are well aware that, sooner or later, the support measures would need to be unwound in a phased manner. The critical point is to ascertain that any unwinding of support measures does not lead to financial stability risks.
The phasing out of any measure must be done very cautiously. This is the reason why it continues to retain the attention of central banks around the world. To this end, the ongoing collaboration of the Bank with international organisations and counterparts is critical. The banking sector has played a key role in the application and success of the above support measures.