I firmly believe that usage of innovative and unconventional channels will overshadow the conventional means of business and communication. To substantiate my optimism, currently the growth in number of mobile phones is far greater than the growth in the number of Fixed Lines across the globe, particularly in developing countries.
These are enormous challenges, which need to be addressed urgently if our capital market is to realize its full potential. It calls for coordinated efforts by all stakeholders - the government, the regulator, and the market players. No single stakeholder has the resources or the capacity to develop this market alone.