Central banks must take a long-term view of the economy and craft appropriate policy responses. We must have the latitude to raise interest rates when others want cheap credit and rein in risky financial practices when others want easy profits. There has to be greater societal consensus on taking tough corrective actions. 22.
Although NAB has absolute powers to obtain these information directly from the banking company yet the collaboration was made to repose confidence in banking community. A dedicated NAB Cell at SBP was established which effectively coordinates with banks/DFIs to ensure expeditious supply of information.