With increasing globalisation of the Indian economy, the reform process witnessed  BIS Review 33/2007  1  a significant move towards adoption of international best practices in several crucial areas of importance such as prudential norms, banking supervision, data dissemination and corporate governance. •  With a view to increasing competition in the banking sector new private sector banks were licensed.
On the other end of spectrum, other government agencies are also expected to collaborate and address the digital divide. It entails ensuring access to IT infrastructure by people from all walks of life to achieve 3/4  BIS central bankers' speeches  inclusivity. We are living in exciting times and we each have a role to play.