Specifically, the Reserve Bank’s own policies aim at ensuring a low interest rate environment that is conducive for private investment, maintaining a strong and sound financial system and supporting the development of key sectors in the economy that may need a little assistance. One such sector is the Micro, Small and Medium Enterprises.
According to the  19  See “Financial integration in Europe” (2007). 20  See P. Hartmann, F. Heider, E. Papaioannou and M. Lo Duca (2007), “The role of financial markets and innovation for productivity and growth in Europe”, ECB Occasional Paper forthcoming.