Not all the actions we have taken are pretty, and not all are sustainable, but they have done the job. Indeed, despite its shortcomings, India’s GDP will probably grow by 5–5.5% this year – not great, but certainly not bad for what is likely to be a low point in economic performance.
The term of office of Carl-Ludwig Thiele and myself was undoubtedly an era marked by substantial change, and events kicked off during our very first weekend in office, when the first 2/5  BIS central bankers' speeches  Greek rescue package needed to be assembled in Basel amid intense political and time pressure.