Consideration of regulation, competition and ownership in an integrated manner, enhanced monitoring of financial market activities and the use of fiscal tools to supplement regulation could be helpful in this regard. 11  Friends, society has put its trust in central banks.
Through the reforms undertaken in last 5 years we have tried to open up the financial sector by promoting and encouraging non-bank financing companies which through leasing, modarabas, mutual funds etc. can reach out to new type of borrowers and savers.