We are also pursuing vigorously some other objectives such as a modern Payments Systems that will provide a safer, efficient and cost-effective payment and settlement system in the future. Financial inclusion of the rural majority through financial literacy, micro banking, technological innovation through the use of mobile phone banking.
The Board recognises that low rates can encourage some additional risk-taking, as investors search for yield. It also recognises that low deposit rates can create difficulties for some people. These issues will need to be closely watched over the months ahead.