G Padmanabhan: India’s regulatory approach to sophisticated financial products Comments by Mr G Padmanabhan, Executive Director of the Reserve Bank of India, at the Award Ceremony of Dufrenoy Prize for Responsible Innovation in Finance, Paris, 18 June 2012. *  *  *  Assistance provided by Alpana Killawala and Ms Indira Nanu is gratefully acknowledged.
Economically, both countries have only limited natural resources so we both have to rely on the know-how of our people to succeed in the world. One of the biggest differences between the countries, and this is reflected in our infrastructures, is in population density: Belgium’s population density is much higher, about 23 times more than in Finland!