One of our preferred measures, from the sectoral factor model, was 1.3 percent in 2015 Q2 – within the Bank’s target range – and has averaged 1.4 percent on an annual basis since the beginning of 2012.
In 2012, when we started these more engaging Divali celebrations we began with the traditional story of Lakshmi who is easily associated with Divali, as she is the Goddess of Light and Prosperity. In 2013, we took a different approach. We realized there were themes and lessons in the Ramayana that were very applicable to the Central Bank.