In particular, I have in mind the market risk module which is providing us with important insights during the current period of heightened interest and re-pricing risk. Nevertheless, existing regulatory toolkit and planned upgrades have to be complemented by continuous skills training for our supervisors for them to be really effective.
The National Statistical Commission (NSC) set up by the Government in January 2000 under the Chairmanship of Dr. C. Rangarajan reviewed the statistical system and the entire gamut of Official Statistics in the country.