Only if financial infrastructures are adequately integrated can the financial markets, like bond and equity markets, function smoothly. And this is one area where financial integration is still lagging behind and where action from market participants is required. Let me first give some figures for the present situation.
It should become the epicentre for promotion and exchange of views and knowledge-sharing, while also remaining focused on delivering clear cut 1/2  BIS central bankers' speeches  objectives within reasonable timelines. 7. RBIH should aim to establish itself as a respected innovation and incubation centre, and showcase India’s commitment to openness of ideas, resolve to innovate, with underlying concern for inclusive growth.