•  Interest Rates were capped to December 2008 levels and interest rate spread (between the lending rate and deposit rate) was fixed at 4 percent. •  Lending Policies – priority sector lending will continue and special approval above the ceiling will still be considered by the RBF.
Today, I would like to outline to you the areas that I believe we need to tackle in order to create a safe, efficient and future-proof currency. But let me start with three trends we are currently observing: digitalisation, declining cash usage and the emergence of new forms of money.