The reduction in the average public sector savings rate in the post-global crisis period largely reflects the impact of fiscal stimulus measures as well as the decline in the contribution of non-departmental enterprises. Average investment rate has also declined in the post-crisis period. 22. Notwithstanding the slowdown in recent years, India’s real GDP growth rate has remained among the highest in the world.
At the same time, the Federal Reserve Board, the FDIC, and the Secretary of the Treasury in consultation with the President, determined that there were significant risks to the stability of  BIS Review 128/2008  1  the financial system.