A well-functioning transmission should at some point go from the overnight right up to 40 years, and that is the ultimate objective in having monetary transmission that affects the whole gamut of borrowing tenure.

We have been mandated by the government, backed by legislation, that we have to have an inflation target of about 4%.

Yes, 4% is the government-mandated target to the MPC. The plus/minus 2 percentage-point upper and lower bands are the tolerance levels specified by the government. If we breach those for three consecutive quarters, we need to inform the government of why that happened and what we propose to do to bring inflation within the two bands.

One of the things that the public sector banks need to do is to raise private capital from the market and not rely on government largesse.

Too many of us are vulnerable, and I look forward to working with AARP to advise people about the safest ways to conduct their financial transactions and manage social media.

My happiness doesn't come from money or fame. My happiness comes from seeing life without struggle.

If you look historically, what creates growth and wealth is innovation and investment, and increase in scale - more customers.

It shouldn't just be about money. It should be about loving what you do.