1  1  more than 2000 (in 2009) and less than 2000 (in 2012) was also prepared. Subsequently the banks were advised to open brick and mortar branches in villages with population of more than 5000.
After all, this is the very purpose for which we had 3  accumulated reserves when the capital inflows were strong. And, may I add, you buy an umbrella to use it when it rains! 9. Fourth, a predominant part of the outstanding ECBs is effectively  hedged. Let me elaborate.