27  Bank for International Settlements (2010), “Macroprudential Instruments and Frameworks: a Stocktaking of Issues and Experiences”, CGFS Papers, No. 38. BIS central bankers’ speeches  5  and supervises non-banking financial companies (NBFCs) under the Reserve Bank of India Act, 1934.
This has not been an easy journey and we had to drive on rocky roads and absorb various shocks, including food and oil price gyrations as well as the consequences of the terrible terrorist attacks in the US.