Duvvuri Subbarao: Financial stability – issues and challenges Valedictory address by Dr Duvvuri Subbarao, Governor of the Reserve Bank of India, at the FICCI-IBA Annual Conference on “Global Banking: Paradigm Shift”, organised jointly by FICCI and IBA, Mumbai, 10 September 2009. * I.
2  BIS Review 49/2004  Risk management and capital adequacy Financial sector reforms in the current millennium are going to focus on setting the rules of the game for financial intermediaries in such a way that risks are taken with an adequate level of capital.