Contents

C. D. Deshmukh Memorial Lecture

Fasten Your Seatbelts ! Monetary Policy Challenges in Turbulent Times T.T. Mboweni, Governor, South African Reserve Bank

L. K. Jha Memorial Lecture

The Growing Importance of Emerging Economies in the Globalised World and its Implications for the International Financial Architecture Jean-Claude Trichet, President, European Central Bank

Speeches

Evolving role of the Reserve Bank of India: Recent Developments Y.V. Reddy

Developing Debt Markets in India: Review and Prospects Y.V. Reddy

Financial Sector Policies for Growth and Employment Y.V. Reddy

Global Developments and Indian Perspectives: Some Random Thoughts Y.V. Reddy

Urbanisation and Globalisation in the Twenty First Century: Emerging Challenges Rakesh Mohan

India's Financial Sector Reforms: Fostering Growth While Containing Risk Rakesh Mohan

The Evolution of Banking Regulation in India –A Retrospect on Some Aspects V. Leeladhar

Articles

India's Foreign Trade: 2007-08 (April-September)

Other Items

Press Releases

Regulatory and Other Measures Foreign Exchange Developments Index to Vol. LXI - RBI Bulletin 2007

Current Statistics Publications RBI Websites

Supplement:

Report on Trend and Progress of Banking in India 2006-07