The aim of this workshop is to deepen our understanding of prices in Japan by having discussion with you, representatives from academia, using the analyses by the Bank’s staff as a springboard, focusing first on the differences in price developments at home and abroad during the pandemic.
While profit margins are important for sustaining banking operations, the cost of operational inefficiencies of banks should not be passed on to customers by way of higher service charges and fees. Indian banks need to improve both, allocational and operational efficiency, so that the financial intermediation function is effectively performed.