Third, the Bank adopted a prudential approach to regulation, not only from the viewpoint of financial system stability but also to protect the interest of depositors. This prompted the review of several guidelines to enhance prudence in an environment of increasing  4  BIS Review 144/2009  uncertainty.
I have no doubt that this transformative move will facilitate further innovation not just in the areas under the remit of RBI but across the entire spectrum of financial sector in the country. 5. The RBIH is an investment for the future.