Speeches - ربی - Reserve Bank of India
Speeches
أغسطس 04, 2008
The Indian Banking Industry – A Retrospect of Select Aspects
Dear Friends, It is my pleasure to be here on the occasion of the birth centenary celebrations of late Shri M. Ct. M. Chidambaram Chettyar. I am thankful to the organisers for affording me this opportunity to share some of my thoughts with this august audience. As you all know, Shri Chettyar was the visionary founder of the Indian Overseas Bank. He established the bank in the pre-independence era in the February 1937, when the banking industry in the country was indee
Shri V. Leeladhar, Deputy Governor, Reserve Bank of India
Dear Friends, It is my pleasure to be here on the occasion of the birth centenary celebrations of late Shri M. Ct. M. Chidambaram Chettyar. I am thankful to the organisers for affording me this opportunity to share some of my thoughts with this august audience. As you all know, Shri Chettyar was the visionary founder of the Indian Overseas Bank. He established the bank in the pre-independence era in the February 1937, when the banking industry in the country was indee
أبريل 17, 2008
Consolidation in the Indian Financial Sector
Dear Friends, It is my pleasure to be here with you this morning on the occasion of International Banking & Finance Conference 2008 of the Indian Merchants’ Chamber. I am grateful to the organisers for having afforded me this valuable opportunity to address this august audience and share some of my thoughts on the subject of consolidation in the Indian financial sector. The Chamber has indeed come a long way since its establishment in the pre-independence days in
Shri V. Leeladhar, Deputy Governor, Reserve Bank of India
Dear Friends, It is my pleasure to be here with you this morning on the occasion of International Banking & Finance Conference 2008 of the Indian Merchants’ Chamber. I am grateful to the organisers for having afforded me this valuable opportunity to address this august audience and share some of my thoughts on the subject of consolidation in the Indian financial sector. The Chamber has indeed come a long way since its establishment in the pre-independence days in
مارس 31, 2008
The Indian Economy and the Reserve Bank of India: Random Thoughts
Shri Johny Joseph, Shri Kale and friends,I am grateful to the organisers for bestowing on me the honour of delivering the prestigious Yeshwantrao Chavan Memorial Lecture 2007-08. I must compliment the Indian Institute of Public Administration (IIPA), Maharashtra Branch, for organising the Memorial Lecture. By accepting this invitation, I am also acknowledging a debt of gratitude to IIPA. I am a Life Member of IIPA. While doing research for Ph.D in 1960s, I extensively
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Shri Johny Joseph, Shri Kale and friends,I am grateful to the organisers for bestowing on me the honour of delivering the prestigious Yeshwantrao Chavan Memorial Lecture 2007-08. I must compliment the Indian Institute of Public Administration (IIPA), Maharashtra Branch, for organising the Memorial Lecture. By accepting this invitation, I am also acknowledging a debt of gratitude to IIPA. I am a Life Member of IIPA. While doing research for Ph.D in 1960s, I extensively
يناير 21, 2008
Development through Planning, Markets or De-centralisation
Prof. Bhole, Seminar Convenor, Prof. Juzer Vasi, Meenakshi Gupta, Prof. Ramnathan, other distinguished invitees, Prof Narayanan, participants of the seminar, ladies and gentlemen, It gives me great pleasure to inaugurate the seminar on, 'Development through Planning, Markets or De-centralisation' during the Golden Jubilee of IIT. The subject of the present seminar is extremely important at the present stage of Indian economic development. This three-day seminar I am s
Smt. Shyamala Gopinath, Deputy Governor, Reserve Bank of India
Prof. Bhole, Seminar Convenor, Prof. Juzer Vasi, Meenakshi Gupta, Prof. Ramnathan, other distinguished invitees, Prof Narayanan, participants of the seminar, ladies and gentlemen, It gives me great pleasure to inaugurate the seminar on, 'Development through Planning, Markets or De-centralisation' during the Golden Jubilee of IIT. The subject of the present seminar is extremely important at the present stage of Indian economic development. This three-day seminar I am s
نوفمبر 07, 2007
Developing Debt Markets in India: Review and Prospects
Governor Julio Velarde and fellow Governors, I am thankful to Governor Amando for giving me this opportunity to participate in the meeting of Central Bank Governors of Asia, Latin America and the Caribbean. I am conscious of the fact that the conditions prevalent in our economies are varied, and yet the sharing of country experiences provides us valuable insights into the effectiveness of public policy as w
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Governor Julio Velarde and fellow Governors, I am thankful to Governor Amando for giving me this opportunity to participate in the meeting of Central Bank Governors of Asia, Latin America and the Caribbean. I am conscious of the fact that the conditions prevalent in our economies are varied, and yet the sharing of country experiences provides us valuable insights into the effectiveness of public policy as w
أكتوبر 24, 2007
Indian Derivatives Market - A Regulatory and Contextual Perspective
Let me first thank Euromoney for inviting me for this seminar on Indian derivatives market. The esoteric world of derivatives has come into sharp focus in recent times precisely on account of their complexity and recent events have triggered a debate on their impact on the financial system stability. My discussion today will be confined to the regulatory framework in India in regard to forex, debt and credit derivative markets and the regulatory imperatives arising in
Smt. Shyamala Gopinath, Deputy Governor, Reserve Bank of India
Let me first thank Euromoney for inviting me for this seminar on Indian derivatives market. The esoteric world of derivatives has come into sharp focus in recent times precisely on account of their complexity and recent events have triggered a debate on their impact on the financial system stability. My discussion today will be confined to the regulatory framework in India in regard to forex, debt and credit derivative markets and the regulatory imperatives arising in
سبتمبر 20, 2007
Recent Financial Market Developments And Implications For Monetary Policy
Shri Bhatt, Mr Horiguchi, Ladies and Gentlemen, I am honoured to be invited to deliver the valedictory address at the Asia Regional Economic Forum. The relationship between India and the Institute of International Finance (IIF) goes back a long way to the early 1990s. Therefore, it is only befitting that the IIF has chosen to inaugurate the Asia Regional Economic Forum in Mumbai as an opportunity for the informal exchange of
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
Shri Bhatt, Mr Horiguchi, Ladies and Gentlemen, I am honoured to be invited to deliver the valedictory address at the Asia Regional Economic Forum. The relationship between India and the Institute of International Finance (IIF) goes back a long way to the early 1990s. Therefore, it is only befitting that the IIF has chosen to inaugurate the Asia Regional Economic Forum in Mumbai as an opportunity for the informal exchange of
يونيو 20, 2007
Risk Management in an Open Market Economy
Peter L. Bernstein in his celebrated book Against the Gods writes, 'The revolutionary idea that defines the boundary between modern times and the past is the mastery of risk: the notion that the future is more than a whim of the Gods and that men and women are not passive before nature. Until human beings discovered a way across that boundary, the future was a mirror of the past or the murky domain of oracles and soothsayers who held monopoly over knowledge of anticip
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
Peter L. Bernstein in his celebrated book Against the Gods writes, 'The revolutionary idea that defines the boundary between modern times and the past is the mastery of risk: the notion that the future is more than a whim of the Gods and that men and women are not passive before nature. Until human beings discovered a way across that boundary, the future was a mirror of the past or the murky domain of oracles and soothsayers who held monopoly over knowledge of anticip
مايو 16, 2007
Development of Financial Markets in India
I am delighted to have the opportunity of speaking on the issue of development of financial markets along with Mr. Christian Noyer, Governor of the Banque de France. He has displayed a deep commitment to the development of financial markets over the years and we heard a very thoughtful speech from him on this subject at the Reserve Bank just two days ago. His approach to financial markets is marked by a great degree of pragmatism: as we develop financial m
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
I am delighted to have the opportunity of speaking on the issue of development of financial markets along with Mr. Christian Noyer, Governor of the Banque de France. He has displayed a deep commitment to the development of financial markets over the years and we heard a very thoughtful speech from him on this subject at the Reserve Bank just two days ago. His approach to financial markets is marked by a great degree of pragmatism: as we develop financial m
أبريل 14, 2007
The Global Economy and Financial Markets
Mr. Chairman, 1. The continued expansion in world GDP in 2006, with growth crossing the 5 percent mark, points to the emergence of a new phase - one that is more diversified with most regions posting higher growth than in the previous year. It is heartening to note that the new robust phase is driven by emerging market economies with China and India continuing to contribute substantially to the global growth momentum. Growth rate in the Euro area accelerated and the r
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
Mr. Chairman, 1. The continued expansion in world GDP in 2006, with growth crossing the 5 percent mark, points to the emergence of a new phase - one that is more diversified with most regions posting higher growth than in the previous year. It is heartening to note that the new robust phase is driven by emerging market economies with China and India continuing to contribute substantially to the global growth momentum. Growth rate in the Euro area accelerated and the r
أبريل 09, 2007
Special features of Financial Sector Reforms in India
Ms. Nitaya Pibulratanagit, Asst. Governor Bank of Thailand, Mr. Appiah Chairman Forex Association of India, Mr. Lamba Secretary Forex Association of India, delegates from India and Asia/Middle East, ladies and gentlemen. It is a pleasure to inaugurate the 18th annual conference of the Forex Association of India which is affiliated to ACI in this historical city of Bangkok. I understand FIMMDA had held a similar conference in Bangkok in 2003 which was inaugurated by my
Smt. Shyamala Gopinath, Deputy Governor, Reserve Bank of India
Ms. Nitaya Pibulratanagit, Asst. Governor Bank of Thailand, Mr. Appiah Chairman Forex Association of India, Mr. Lamba Secretary Forex Association of India, delegates from India and Asia/Middle East, ladies and gentlemen. It is a pleasure to inaugurate the 18th annual conference of the Forex Association of India which is affiliated to ACI in this historical city of Bangkok. I understand FIMMDA had held a similar conference in Bangkok in 2003 which was inaugurated by my
مارس 06, 2007
Development of Local Currency Bond Markets : The Indian Experience
Development of Local Currency Bond Markets : The Indian Experience Shyamala Gopinath 1 It gives me great pleasure to participate in the Workshop on "Debt, Finance and Emerging Issues in Financial Integration", being organized by the Financing for Development Office, United Nations in collaboration with the Commonwealth Business Council and Commonwealth Secretariat. In my presentation, I would like to highlight the Indian experience with regard to the development of de
Smt. Shyamala Gopinath, Deputy Governor, Reserve Bank of India
Development of Local Currency Bond Markets : The Indian Experience Shyamala Gopinath 1 It gives me great pleasure to participate in the Workshop on "Debt, Finance and Emerging Issues in Financial Integration", being organized by the Financing for Development Office, United Nations in collaboration with the Commonwealth Business Council and Commonwealth Secretariat. In my presentation, I would like to highlight the Indian experience with regard to the development of de
أغسطس 20, 2004
Development of Forex Markets in India : Review and Prospects
I am delighted to be in Colombo today to address the 15th National Forex Assembly. India and Sri Lanka have had very close and friendly neighbourly relations especially culturally, for centuries - indeed millennia. On behalf of Reserve Bank of India, I bring greetings to you all and express appreciation of the warm hospitality of the host country. RBI has always actively participated in the meetings of national Forex Assembly at Governor or Deputy Governor level. I am
Smt. K.J. Udeshi, Deputy Governor, Reserve Bank of India
I am delighted to be in Colombo today to address the 15th National Forex Assembly. India and Sri Lanka have had very close and friendly neighbourly relations especially culturally, for centuries - indeed millennia. On behalf of Reserve Bank of India, I bring greetings to you all and express appreciation of the warm hospitality of the host country. RBI has always actively participated in the meetings of national Forex Assembly at Governor or Deputy Governor level. I am
أغسطس 14, 2004
Debt Markets in India - Issues and Prospects
I am very happy to be amongst you today to deliver the keynote address at the 3 rd Annual Citibank - Fitch Debt Markets Conference. I understand that the response to the previous Citibank-Fitch debt markets conferences has been very encouraging, which has motivated the organisers to convert this into an annual event. This kind of interaction among investors and issuers provides an opportunity for mutual discussions in the interest of fostering further market developme
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
I am very happy to be amongst you today to deliver the keynote address at the 3 rd Annual Citibank - Fitch Debt Markets Conference. I understand that the response to the previous Citibank-Fitch debt markets conferences has been very encouraging, which has motivated the organisers to convert this into an annual event. This kind of interaction among investors and issuers provides an opportunity for mutual discussions in the interest of fostering further market developme
مارس 26, 2004
A Decade of Reforms in Government Securities Market in India and the Road Ahead*
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Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
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مارس 20, 2004
A Decade of Reforms in Government Securities Market in India and the Road Ahead*
I. INTRODUCTIONIt gives me great pleasure to deliver this keynote address at the Annual Conference of FIMMDA jointly organised by the Fixed Income Money Market Dealers Association of India (FIMMDA) and Primary Dealers Association of India (PDAI). Many of you would recall that the FIMMDA-PDAI conference held in Bangkok in 2002 was addressed by Governor, Dr. Y. V. Reddy when he was Deputy Governor. My address today is like a footnote to the comprehensive address given b
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
I. INTRODUCTIONIt gives me great pleasure to deliver this keynote address at the Annual Conference of FIMMDA jointly organised by the Fixed Income Money Market Dealers Association of India (FIMMDA) and Primary Dealers Association of India (PDAI). Many of you would recall that the FIMMDA-PDAI conference held in Bangkok in 2002 was addressed by Governor, Dr. Y. V. Reddy when he was Deputy Governor. My address today is like a footnote to the comprehensive address given b
سبتمبر 21, 2003
The Global Economy and Financial Markets
Statement by Dr. Y.V. Reddy, Governor, Reserve Bank of India and Leader of the Indian Delegation to the International Monetary and Financial Committee(Dubai, Sunday, September 21, 2003)Mr. Chairman,The Global Economy and Financial MarketsOutlook, Risks and Policy Responses1. There have been several welcome developments in the global environment since we met in last April. To our relief, several uncertainties relating to Iraq war, impact of SARS and volatility in oil p
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Statement by Dr. Y.V. Reddy, Governor, Reserve Bank of India and Leader of the Indian Delegation to the International Monetary and Financial Committee(Dubai, Sunday, September 21, 2003)Mr. Chairman,The Global Economy and Financial MarketsOutlook, Risks and Policy Responses1. There have been several welcome developments in the global environment since we met in last April. To our relief, several uncertainties relating to Iraq war, impact of SARS and volatility in oil p
مايو 06, 2003
Developing Corporate Debt Market in India
Presentation (Powerpoint) by Shri Rakesh Mohan at the 3rd Invest India Debt Market Round Table on May 6, 2003
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
Presentation (Powerpoint) by Shri Rakesh Mohan at the 3rd Invest India Debt Market Round Table on May 6, 2003
فبراير 01, 2003
Bonds & Derivatives - The Road Ahead
Ladies & Gentlemen,At the outset, let me express my gratitude to FIMMDA and PDAI for giving me an opportunity to give valedictory address to this prestigious annual conference. The role of FIMMDA/PDAI has become increasingly important in the development of the fixed income market in India. FIMMDA has played a pivotal role in the documentation of repos, CPs & CDs, finalizing the daily / annual valuation methodology for fixed income securities / derivatives. RBI
Shri Mohammad Tahir, Executive Director, Reserve Bank of India
Ladies & Gentlemen,At the outset, let me express my gratitude to FIMMDA and PDAI for giving me an opportunity to give valedictory address to this prestigious annual conference. The role of FIMMDA/PDAI has become increasingly important in the development of the fixed income market in India. FIMMDA has played a pivotal role in the documentation of repos, CPs & CDs, finalizing the daily / annual valuation methodology for fixed income securities / derivatives. RBI
أبريل 24, 2001
Developments in Monetary Policy and Financial Markets
I am thankful to the organisers for their perseverance in getting me to Chennai. I am using this opportunity to share with you some explanations on the Monetary and Credit Policy for 2001-02 announced last week. This is the fifth Annual Policy of Reserve Bank of India (RBI) that I have been associated with, and soon after every one of the fine statements, I had publicly articulated some explanations. The purpose has generally been to highlight elements of continuity,
Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India
I am thankful to the organisers for their perseverance in getting me to Chennai. I am using this opportunity to share with you some explanations on the Monetary and Credit Policy for 2001-02 announced last week. This is the fifth Annual Policy of Reserve Bank of India (RBI) that I have been associated with, and soon after every one of the fine statements, I had publicly articulated some explanations. The purpose has generally been to highlight elements of continuity,
يونيو 13, 2000
Changing Role of RBI: Agenda for Attention
Mr. Chairman and friends, I am grateful to the organisers of the Madon Memorial Lecture for inviting me to deliver this Lecture. That the contributions of Shri B.F. Madon are of lasting value is evident from the fact that although, over seventy years have elapsed since he passed away, lectures in his memory are organised, and the response is still overwhelming. There are several reasons why I feel especially elated at my association with this lecture series. First, Ma
Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India
Mr. Chairman and friends, I am grateful to the organisers of the Madon Memorial Lecture for inviting me to deliver this Lecture. That the contributions of Shri B.F. Madon are of lasting value is evident from the fact that although, over seventy years have elapsed since he passed away, lectures in his memory are organised, and the response is still overwhelming. There are several reasons why I feel especially elated at my association with this lecture series. First, Ma
نوفمبر 05, 1997
Indian Financial Markets : New Initiatives
Indian Financial Markets : New Initiatives by Dr. Y.V. Reddy Deputy Governor Reserve Bank of India, Mumbai at Indian Institute of Foreign Trade at Delhi on November 5, 1997 Indian Financial Markets: New Initiatives It gives me great pleasure to be in this institute today. I have many friends here since I had the privilege of being the Director General of this esteemed institution in 1995. However, the main reason for my being here today is the insistence of my dear an
Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India
Indian Financial Markets : New Initiatives by Dr. Y.V. Reddy Deputy Governor Reserve Bank of India, Mumbai at Indian Institute of Foreign Trade at Delhi on November 5, 1997 Indian Financial Markets: New Initiatives It gives me great pleasure to be in this institute today. I have many friends here since I had the privilege of being the Director General of this esteemed institution in 1995. However, the main reason for my being here today is the insistence of my dear an
أكتوبر 09, 1997
The Future of India's Debt Market 1997
I am happy to be amongst you this morning. This Conference gives me an opportunity to sharpen my thoughts, and gain insights from the deliberations. The subject has gained importance over the years, and in particular, more recently after the Monetary and Credit Policy of April 1997. In fact, there is a sudden spurt in Conferences on this subject, as for example, the SBICAP Debt Market Seminar held last month. Also, there was a pretty elaborate coverage of this subject
Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India
I am happy to be amongst you this morning. This Conference gives me an opportunity to sharpen my thoughts, and gain insights from the deliberations. The subject has gained importance over the years, and in particular, more recently after the Monetary and Credit Policy of April 1997. In fact, there is a sudden spurt in Conferences on this subject, as for example, the SBICAP Debt Market Seminar held last month. Also, there was a pretty elaborate coverage of this subject
أغسطس 30, 1997
SBICAP Debt Market Seminar 1997
Activating Debt Markets in India 1. I have great pleasure in being with you this morning. I would like to congratulate the SBICAP for organising the seminar on `Activating Debt Markets in India'. This subject has assumed greater significance in the context of the ongoing financial sector reforms and the efforts to widen and deepen the financial system. Role and Significance 2. Debt market, otherwise called the Fixed Income Securities Market, apart from being a source
Dr. C. Rangarajan, Governor, Reserve Bank of India
Activating Debt Markets in India 1. I have great pleasure in being with you this morning. I would like to congratulate the SBICAP for organising the seminar on `Activating Debt Markets in India'. This subject has assumed greater significance in the context of the ongoing financial sector reforms and the efforts to widen and deepen the financial system. Role and Significance 2. Debt market, otherwise called the Fixed Income Securities Market, apart from being a source
أغسطس 02, 1997
Gold Banking in India
Gold Banking in India Mr Chairman and Friends, I am thankful to the World Gold Council for inviting me to participate in this Conference. It is unusual for the organisers to seek the same speaker and even more unusual for the speaker to accept such an invitation within a span of nine months. That happens in academic circles. It is of course, routine in Toast Masters Club, of which I was a member decades ago. But, this is a gathering of hard headed finance and business
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Gold Banking in India Mr Chairman and Friends, I am thankful to the World Gold Council for inviting me to participate in this Conference. It is unusual for the organisers to seek the same speaker and even more unusual for the speaker to accept such an invitation within a span of nine months. That happens in academic circles. It is of course, routine in Toast Masters Club, of which I was a member decades ago. But, this is a gathering of hard headed finance and business
أغسطس 02, 1997
Development of Gold Market in India
Speech of Smt. Usha Thorat, Chief General Manager, Department of External Investments and Operations, Reserve Bank of India at the World Gold Council, New Delhi, on Saturday, August 2, 1997. Development of Gold Market in India In the last year's conference organised by the World Gold Council as also this year's, a number of issues have been raised which would lead to the conclusion that gold could play a very significant role with a more open policy on gold, rationali
Smt. Usha Thorat, Chief General Manager, Department of External Investments and Operations, Reserve Bank of India
Speech of Smt. Usha Thorat, Chief General Manager, Department of External Investments and Operations, Reserve Bank of India at the World Gold Council, New Delhi, on Saturday, August 2, 1997. Development of Gold Market in India In the last year's conference organised by the World Gold Council as also this year's, a number of issues have been raised which would lead to the conclusion that gold could play a very significant role with a more open policy on gold, rationali
مايو 27, 1997
Second Annual Indian Stock Exchanges Summit, 1997
Inaugural Address by C. Rangarajan Governor, Reserve Bank of India at the Second Annual Indian Stock Exchanges Summit, 1997 Mumbai on May 27, 1997 I take great pleasure to be with you this morning on the occasion of the Second Annual Stock Exchange Summit. As the Central bank of the country, the Reserve Bank is intimately concerned with the developments on the stock exchange because, first, in the evolving financial sector, stock marke ts are part of the closely integ
Dr. C. Rangarajan, Governor, Reserve Bank of India
Inaugural Address by C. Rangarajan Governor, Reserve Bank of India at the Second Annual Indian Stock Exchanges Summit, 1997 Mumbai on May 27, 1997 I take great pleasure to be with you this morning on the occasion of the Second Annual Stock Exchange Summit. As the Central bank of the country, the Reserve Bank is intimately concerned with the developments on the stock exchange because, first, in the evolving financial sector, stock marke ts are part of the closely integ
ديسمبر 05, 1996
The Fourth L.K. Jha Memorial Lecture
The Fourth L.K. Jha Memorial Lecture by William J. McDonough, President, Federal Reserve Bank of New York, Mumbai, India, on December 5, 1996 Strengthening the Financial Marketplace Mr. Governor, distinguished guests and ladies and gentlemen, I am honored to appear before you today to deliver the fourth L.K. Jha Memorial Lecture. It is a great pleasure for me to be visiting your country for the first time. I thank you for your warm and generous welcome. In my remarks
William J. McDonough, President, Federal Reserve Bank of New York
The Fourth L.K. Jha Memorial Lecture by William J. McDonough, President, Federal Reserve Bank of New York, Mumbai, India, on December 5, 1996 Strengthening the Financial Marketplace Mr. Governor, distinguished guests and ladies and gentlemen, I am honored to appear before you today to deliver the fourth L.K. Jha Memorial Lecture. It is a great pleasure for me to be visiting your country for the first time. I thank you for your warm and generous welcome. In my remarks
نوفمبر 28, 1996
Gold in the Indian Economic System
Y.V.ReddyI am delighted to be with you this morning and I thank the organisers for the opportunity given to me to address this conference At the outset, let me extend warm welcome to you and a special welcome to participants from foreign countries. I hope you will enjoy the pleasant weather and warm hospitality as much as you would enjoy the stimulating deliberations here. Much of the retail market for gold in our country is in jewellery shops and I trust that you wil
Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India
Y.V.ReddyI am delighted to be with you this morning and I thank the organisers for the opportunity given to me to address this conference At the outset, let me extend warm welcome to you and a special welcome to participants from foreign countries. I hope you will enjoy the pleasant weather and warm hospitality as much as you would enjoy the stimulating deliberations here. Much of the retail market for gold in our country is in jewellery shops and I trust that you wil
فبراير 20, 1995
Capital Market Innovations: Challenges and Opportunities
I. Introduction II. The Process of Financial Innovation III. The Benefits of Capital Market Innovation IV. Challenges Facing Monetary Authorities V. The Relevance for India It is a great honour to be invited to deliver the third L.K. Jha Memorial Lecture – especially to follow in such distinguished footsteps as those of Robin Leigh-Pemberton, former Governor of the Bank of England, and Jacob Frenkel, Governor of the Bank of Israel. Having served under both gentlemen a
Andrew Crockett, General Manager, Bank for International Settlements
I. Introduction II. The Process of Financial Innovation III. The Benefits of Capital Market Innovation IV. Challenges Facing Monetary Authorities V. The Relevance for India It is a great honour to be invited to deliver the third L.K. Jha Memorial Lecture – especially to follow in such distinguished footsteps as those of Robin Leigh-Pemberton, former Governor of the Bank of England, and Jacob Frenkel, Governor of the Bank of Israel. Having served under both gentlemen a
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