1. It gives me great pleasure to welcome you all to this conference, which is the second in the IFMR Financial Systems Design Conference Series. The principal goal of this conference series is to create a platform to discuss issues of significant importance to the future of the Indian financial system that interested researchers in India as well as elsewhere can start to explore and present solutions for. In addition, through this conference and others like it, we hope to build a community of individuals who care about these issues and would be willing to be commentators, researchers and where appropriate, advocates for change. IFMR Business School and IFMR Finance Foundation hope to continue to be closely involved in this research programme and, jointly with a group of like-minded institutions and individuals, expect to build capacity within the country to examine the issues that emerge from the conversations of these conferences.
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