92, De Nederlandsche Bank, 2006a. ------, "Monetary Policy Today: Sixteen Questions and about Twelve Answers," in S. Fernandez de Lis and F. Restoy, eds. Central Banks in the 21st Century: An International Conference Sponsored by Banco de España, Banco de España, 2006b.
Both, macro prudential and micro prudential policies adopted by the RBI have ensured financial stability and resilience of the banking system The timely prudential measures instituted during the high growth period especially in regard to securitisation, additional risk weights and provisioning for specific sectors, measures to curb dependence on borrowed funds, and leveraging by systemically important NBFCs have stood us in good stead.