But a prime objective for us as a central bank is to stay close to our community. With the Reserve Bank of India based here in Mumbai, we have our peers and representatives of the financial community close by. Mutual exchange is necessary in a globalised financial world. We all know that.
But when it comes to issues we all currently face, we can sometimes focus so much on our own situation that we blank out the views and experiences of others. I therefore wish to take this opportunity of speaking before representatives of the Indian financial community to share my views on current financial matters that should be of concern for both Europe and India.