However, we are also keenly aware that the interests of home and host supervisors can and do diverge, and that these divergences lead to differences in the style and substance of supervision and regulation. Moreover, these differences are likely to manifest themselves most sharply in the very pressured circumstances that a distressed bank brings. Such differences include: •  Different statutory objectives.
Duvvuri Subbarao: Reserve Bank of India’s Platinum Jubilee celebrations – the outreach programme Remarks by Dr Duvvuri Subbarao, Governor of the Reserve Bank of India, at the function releasing the RBI commemorative stamp by Smt Pratibha Devisingh Patil, Hon’ble President of India at the RBI office, New Delhi, 16 January 2010. *  *  *  1.