Daijiworld Media Network – Mangalore (NR)
 
Mangalore, Dec 10: According to a press release from the Corporation Bank recently, the age profile of country's citizens is undergoing drastic changes and therefore to reap the demographic dividend it is essential to bring about reforms in the education system of our country. This advise is given by the deputy governor of Reserve Bank of India (RBI), Shyamala Gopinath in the said release.
 
Gopinath was speaking at the Corporate Award ceremony function organized by the bank at Bangalore, to commemorate the silver jubilee of excellence through its employee recognition scheme.  

According to the deputy governor the RBI is quite resolute about containing inflation at 4.5% and doing its best to bring it down to 3%, to facilitate the integration of the Indian economy with the global economy.  

Moreover she also exhorted the banks to connect better with their customers, having a blend of technology and traditional values and also by improving their compliance system.  

B Sambamurthy, chairman and managing director of Corporation Bank, said the bank has been going beyond the concept of merely earning profit. Now its motto is to earn profits, but with a purpose, he declared.