Financial Development Quotes

It is important to create credit absorption capacity rather than to just enhance lending targets.

There is another method of obtaining money... It does not presuppose the existence of accumulated results of previous development, and hence may be considered as the only one which is available in strict logic. This method of obtaining money is the creation of purchasing power by banks. The form it takes is immaterial.

My view is the core engine supporting India's growth aspiration will be the financial sector, which will have to get more efficient.

Economic growth is the most important initiative every governor faces.

Our strength in finance has led us to set up an international financial centre with medium and long-term objectives, especially to develop Islamic financial and insurance services.

Without investment there will not be growth, and without growth there will not be employment.

The ascent of money has been essential to the ascent of man.

By far the most significant event in finance during the past decade has been the extraordinary development and expansion of financial derivatives.

So another challenge for our generation is to create global institutions that reflect our ideas of fairness and responsibility, not the ideas that were the basis of the last stage of financial development over these recent years.