This pool could grow rapidly allowing banks significant expansion opportunities in wholesale and retail banking. Also, much of Indians’ physical savings is still locked up in unproductive physical assets – such as houses and gold and banks can help households slowly convert a large part of these into financial assets.
Martín Redrado: A convincing strategy Article by Mr Martín Redrado, Governor of the Central Bank of Argentina, published in La Nación newspaper on 18 May 2008. *  *  *  In Argentina we have overcome a week of financial turmoil. However, those focusing on the ghosts of our troubled history are looking at our country through the rear-view mirror.