Shri G. N. Bajpai, Former Chairman, SEBI & Chairman, Indian SME Knowledge Forum, Shri M. Narendra, Chairman & Managing Director, Indian Overseas Bank, Shri N. Shankar, CMD, ECGC, Shri A. Krishna Kumar, MD, SBI, Shri R. K. Dubey, ED, CBI, Dr K. Ramakrishnan, CEO, Indian Banks’ Association, Shri K V Srinivasan, CEO, Reliance Commercial Finance Ltd, Shri Chandrakant Salunkhe, President, SME Chamber of India, SME Entrepreneurs, other distinguished guests, members of the print and electronic media, ladies and gentlemen.
And we have provided some guidance for our September policy meeting and the rate path we envisage taking thereafter. We will continue along this normalisation path – and we will go as far as necessary to ensure that inflation stabilises at our 2% target over the medium term. As Victor Hugo is said to have remarked, perseverance is the “secret of all triumphs”.