Surekha Marandi, Executive Director, Reserve Bank of India; Shri P. K. Panda, Principal, College of Agricultural Banking(CAB); Chairmen/CEOs of various banks present here; other senior officers from the banking sector; my colleagues from RBI; ladies and gentlemen! At the outset, let me congratulate CAB for organising this Seminar on the theme of “Coping with the challenges of Financial Technology Innovations in MSME Financing”.
In this respect, I raised doubts about the Bank’s overall risk assessment regarding the baseline scenario of the outlook for economic activity in its October 2013 Outlook Report.