As professional bankers and economists, you are no doubt seized of the challenges that the recent developments in international financial markets have posed for the Indian financial system. What has been our experience of financial reforms so far? Where do we stand in terms of financial stability considerations?
So, I believe that retaining the economic advisory role by the Central Bank in the 2010 BOI law has served the country well. In the second part of the conference, we have heard an extensive discussion of the panel of very distinguished speakers on monetary policy and Inflation Targeting in the post GFC era.