I will also briefly discuss the importance of advances in our analytical understanding of the workings of financial markets and of its deviations from the stationarity assumption. In search of a better regulatory and supervisory regime Over the last few years the crisis has heightened appreciation of the benefits of a more stringent regulatory regime.
I want all of your school children and college students to study well, in particular try and understand the world of finance. I also want to request the Education Department of Government of Karnataka to do an evaluation of the introduction of the finance curriculum after one year.