The goal of reducing the Reserve Requirement Ratio (RRR) can therefore resume provided that domestic inflation and monetary conditions would allow it. This commitment to a gradual reduction in deposit reserves will lower friction costs in the banking sector, create more efficient financial intermediation, and help curb shadow banking given the rise of strong alternatives offered by fintech and digital innovation.
Ensuring financial market stability  The Bank has been showing its commitment to fully ensure financial market stability through implementing a variety of measures including the utilization of various funds-supplying operations. When uncertainty began to spread in the financial markets just after the earthquake, the Bank provided ample funds to the markets, the total amount of which represented a historical high.