Customer education is also critical in providing appropriate and need based products and services and the Indian Banks’ Association may have a critical role to play in this regard. The banking business would, thus, have to turn customer centric in all its true dimensions. Financial sector reforms – what next?
The risks to the euro area growth outlook relate in particular to the heightened uncertainties regarding developments in the global economy as well as to broader geopolitical risks. These risks have the potential to weigh on global growth and foreign demand for euro area exports and on confidence more widely.