S S Mundra: Financial education – basics and beyond Keynote address by Mr S S Mundra, Deputy Governor of the Reserve Bank of India, at the Conference on Financial Literacy, organised by the College of Agricultural Banking, Pune, 15 June 2015. *  *  *  1.
The last few years have shown, where such a “race to the bottom” can lead us. What is important is that we exchange experiences, learn from the past and, if necessary, subscribe to the regulatory approaches and measures implemented by other countries. To sum up, let me say this: We are on the right track. The international financial system is already considerably more stable.