IV:  Internal drivers an added force for change in banks  IV.1  Winning the “war” for talent in a competitive market place  Manpower transformation is the biggest transformative factor for banks in India. The contribution of human capital to growth of economy or institution is often underestimated.
In particular, the Federal Reserve’s earlier program of asset purchases appeared to be successful in influencing longer-term interest rates, raising the prices of equities and other assets, and improving credit conditions more broadly, thereby helping stabilize the economy and support the recovery.