  The interventions of the BoG and MoF:   Protected about GHS 11 billion in customer deposits, including deposits and placements of other financial institutions (banks, savings and loans, RCBs, MFIs, insurance firms, securities firms and fund managers, and pension fund managers);    Minimized job losses by saving some 3,500 or 70% of appx 5000 employees of the defunct banks;  The banking sector reforms have boosted the confidence of local and international investors and other market players in the BoG’s role as regulator, and have contributed to the recent upgrades to Ghana’s credit rating from S&P from B- to B.  Q.
Sheetala Deshmukh, and their children, Ashish and Priyanka, Prof. Sunita Chitnis and her son Dr. Ajay Chitnis. Your presence here means a lot to us. Finally, and importantly, a warm welcome to all our invitees to this prestigious lecture. C.D. Deshmukh 2. Sir Chintaman D. Deshmukh has a special place in the history of the Reserve Bank.