This crisis has shown the need for more than just increased cooperation, but rather institutions able to take timely and effective decisions. This is the direction that European integration will have to take going forward. I thank you for your attention. 8  BIS central bankers’ speeches
While the traditional brick and mortar structures have helped in taking basic banking services to the nook and corners of our country, the advent of digital  dbie.rbi.org.in https://www.rbi.org.in/Scripts/ATMView.aspx?atmid=136 5 RBI Annual Report 2021-22 3 4  3  innovations in the extension of financial services, have the potential to be an enabler for graduating to the next level of financial inclusion where the quality of inclusion takes precedence over just availability of financial services.