Banking, in my opinion is a team work and this new situation will require cultural adjustments and therefore, change management  (b)  Acquiring the right people:  What kind of talent is required by the banks? Discrimination is the key. Do we need good people? Or do we need suitable people? I think we require good but suitable people.
Monetary policy may not be the lead role, but it is playing an important support role. The Reserve Bank cannot just step aside and say ‘sorry, not our patient’. We have a clear mandate to provide our economy its best chance of thriving.