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    <title>The Five Pillars of RBI’s Financial Sector Policies (Speech by Governor Raghuram G. Rajan at BANCON 2013 held at Mumbai on November 15, 2013)</title>
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    <description>The Reserve Bank of India sets a five pillar strategy: clarify and strengthen the monetary policy framework; reform banking structure through new entry and branch expansion and improve public sector bank competitiveness; deepen financial markets to increase liquidity and allocate risk; expand financial inclusion via technology, business correspondents, mobile banking and tailored products; and improve corporate and institution distress recognition, resolution and recovery by incentivising early action and strengthening restructuring and debt recovery.</description>
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