In other words, in order to overcome concerns about a hollowing out of domestic industries, ultimately we must work to strengthen our medium- to long-term growth potential. Making accommodative financial environment lead to growth As is clear from what I have said so far, strengthening of growth potential will be achieved by substantive efforts to work and increase value added.
Globalisation of domestic banks has also been facilitated by tremendous advancement in information and communications technology. Globalisation has thrown up lot of opportunities but accompanied by concomitant risks.