Rather than seek to give a scorecard on progress on all the aspects of the reform programs suggested from 2007 to 2009, I want to focus on three topics of particular salience mentioned earlier: capital and liquidity, macroprudential supervision, and too big to fail.
Commercial banks and HFCs The Indian banking sector has an expansive reach and is well geared to serve all segments of the society, including the underprivileged. The banking sector has been actively involved in lending to the housing sector with an outstanding of Rs. 3786 billion as on December 30, 2011, which is an increase of Rs.