India’s activity suffered from waning business confidence amid slow approvals for new projects and sluggish structural reforms and policy environment designed to rein in inflation. Brazil’s economy, in the first quarter of 2012, grew at its slowest pace (at 0.2 per cent q-o-q) in more than two years.
*** It has been more than 13 years since the founding of the Banking and Financial Ombudsman in October 2009, and I am delighted to open this international conference on Alternative Dispute Resolution schemes in the banking, financial and insurance sectors, which is a follow-up to a previous and important meeting held in 2017.