The high publicity surrounding these cases has not been without negative impact on the financial industry’s reputation with the general public; and it is of concern that surveys of public trust in business and institutions, like the 2014 Edelman Global Trust Survey, continue to place banks as the least trusted of the major business sectors.
His valuable thoughts on education are relevant and viable even today. According to him, “education is the manifestation of the perfection already in man”. He said “mere book-learning won’t do. We want that education by which character is formed, strength of mind is increased, the intellect is expanded, and by which one can stand on one’s own feet”.