The aggregated total assets of such special-purpose vehicles in the euro area stood at € trillion in the first quarter of 2011. This represents about one tenth of the total assets of all non-bank financial intermediaries.
One of our initiatives in our Platinum Jubilee year is reaching out to remote villages – with a focus on financial education – spreading awareness about the economy, emphasizing the role the Reserve Bank plays in everyday life and making the general public aware of the financial services that the banks offer and the benefits of using the banking services.