Rethinking central banks’ toolkit Re-evaluating the appropriateness of these three elements – the inflation aim, the role of inflation expectations and inflation measurement – would probably go a long way towards revitalising policy in line with the current challenges. But it may not be enough.
HFC has experienced strong growth and, in line with its vision to serve the people with innovative financial products, recently branched out concertedly into commercial lending. This alters the institution’s risk profile and necessitates deviations from the norm. In this regard, we have seen HFC strengthen its corporate governance and risk management framework significantly over the past few years.