His remarks came during the course of his reply to a question from a Japanese banker who sought easing of restrictions on opening of more branches of foreign banks in Indian metro cities.
"These are tough technical questions which are the preserve of our Finance Ministry and the Reserve Bank of India. If I may confess to you, the higher we go in public life, the lesser we know of lower levels," he said while addressing members of the Keidanren, the premier Japanese chamber of commerce and industry.
This will not only be for the Japanese industry but also to ensure the larger presence of the Japanese banking community in India.
"That is a trend which is firmly established. In public life, I have imbibed enough to recognise that sometimes the best can become the enemy of the good, and we should not let that happen.
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