Last update: 11-Dec-2013 6:16 am
Wednesday, December 11, 2013
Trinidad & Tobago Guardian Online
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Rambarran: Central Bank like Hanuman
In his address at the opening of the Central Bank’s Divali show, Jai Shri Hanuman, on Sunday, Central Bank Governor Jwala Rambarran compared the 49-year-old financial institution to the Hindu god Hanuman. “Like Hanuman was willing to serve Lord Rama with unwavering devotion, so too the Central Bank is devoted to ensuring financial stability for all our citizens in Trinidad and Tobago.”
Rambarran said Hanuman inspired the bank’s Divali celebration this year and explained why the theme, “a symbol of strength and stability,” was chosen. He said a different deity will be featured every year. Mother Lakshmi was featured last year. “So what does this have to do with strength and stability and the Central Bank? I mentioned earlier the Ramayana is a great Hindu epic. There are twists and turns, villains and heroes.
“The financial crisis this country experienced five years ago can be described as epic as well. There have been villains who through greed and avarice took what was not theirs to take, just like Ravan took Sita. Unlike Ravan, however, some of our own local demons are yet to get what they deserve and to be brought to justice,” he said. “The Central Bank is the silent servant of the people of this country, doing what it takes, putting creative, new measures in place, to move our country onto a better financial path.
“Like Hanuman was willing to serve Lord Rama with unwavering devotion, so too the Central Bank is devoted to ensuring financial stability for all our citizens in Trinidad and Tobago.
“Whether we are undertaking new approaches to supervision of the financial system, or putting in place new financial legislation, the Central Bank, like Hanuman, is prepared to be strategic and creative in securing victory over the financial difficulties raging around us. We will not be fatigued in this quest, and in our mission to bring the financial rakhshas (demons) to justice.” Rambarran also explained why “for the first time in its 49-year history, the Central Bank supported Ramleela this year.”
He said: “We often sell our country as multicultural, but while it sounds nice to say, how much do we really do to celebrate our cultural diversity? As an independent national institution, I firmly believe that the Central Bank must celebrate all of our culture and all of our people’s talents. “It is for this reason, for the first time in its forty nine-year history, the Central Bank supported Ramleela this year.”
He added: “There were some who corrosively questioned why the Central Bank was supporting Ramleela. I wish to remind everyone that it was no lesser personage than Derek Walcott who chose to open his 1992 Nobel Prize acceptance speech for literature entitled The Antilles: Fragments of Epic Memory with a strong and striking reference to Ramleela in Felicity, replete with colour, song and ritual.
Rambarran said the first time ever, the Central Bank has a booth at the Divali Nagar, showcasing its outreach arms—the Office of the Financial Services Ombudsman and the National Financial Literacy Programme. He pledged continued support for T&T’s diversity, saying: “From Indian Arrival Day to Eid-Ul-Fitr, from Emancipation to Ramleela and Divali, from Tuco’s Calypso history month to Carnival, the Central Bank intends to support our rich cultural diversity.”
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