Financial institutions are under constant pressure to reduce costs, improve operational efficiency, adapt to regulatory changes and grow their business. NRI believes that a combination financial knowledge and information technology are crucial to the industry’s growth and development. Through our lakyara reports, NRI identifies the various capital markets and IT issues impacting our clients and the future of their business.
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Monetary policy is generally said to be faster-acting than fiscal policy or national growth strategies. In actuality, however, monetary policy works with substantial time lags. This fact should be accorded more recognition in discussions of policy effectiveness.