Although the majority of community banks report that other community banks are still  -3their primary competitors, that majority has steadily declined in each year of the survey as credit unions and larger banks have become the dominant competitors for deposits in an increasing number of markets. The situation is even more interesting for loan competition.
The more accessible the financial system is to individuals in pursuit of these two objectives, the better. Against this backdrop, I will address four sets of issues : 1. The landscape for OTC derivatives in India  2. Regulatory concerns and steps taken  3. The roadmap for OTC derivatives  4. The development of markets in India.