So, for example, banks that are good at rural lending should do more of it, while banks that are good at lending to micro and small enterprises should be free to specialize there. The Committee advocates attaching weights to performance on different norms and adding performance up.
Ladies and gentlemen, It is a great pleasure for me to welcome you on behalf of the Executive Board of the European Central Bank to this topical workshop on “Markets for inflation protection: recent developments, modelling tools and policy implications”. This event aims to encourage a sharing of views among central bankers, treasuries, investment banks and researchers from academia.