Let me just pick out two distinctive developments. First: The steadily rising volume of global trade, whose growth rate has been exceeding that of global GDP for a long time now. On average, global trade has grown 50% faster than world GDP over the past 35 years. During the 1990s, global trade even grew twice as fast as global GDP.
d)  Human resources initiatives  In order to upgrade the skills of officials of UCBs and enhance professionalism, training programs are conducted by RBI in all important areas of banking for Directors, Chief Executive Officers and other officials of UCBs. Training programmes are organized at Regional centres and training imparted in local/regional languages to enable local staff absorb training without any difficulty.