Asset-side accounts have also increased, with Loans growing at an annual rate of 14.3% and another 10.6% for Financial Assets. BIS central bankers’ speeches  3  What is most impressive is that universal and commercial banks have continuously strengthened their balance sheet for possible exigencies.
Over this period, the Fund has not only focussed on macroeconomic policies but embraced a wider gamut of issues that covered women’s empowerment, poverty alleviation, sustainable development, fintech and climate change. As Dr Y.V.Reddy has stated in his Foreword to the book : “The book fills a serious gap in the existing literature on the subject….”.