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এপ্ৰিল 22, 2006
Statement by Honorable Governor Dr. Y.V. Reddy, Leader of the Indian Delegation to the International Monetary and Financial Committee
Representing the Constituency consisting of Bangladesh, Bhutan, India and Sri Lanka Mr. Chairman, The Global Economy and Financial Markets 1. We broadly agree with the Fund’s assessment of the global economy in its latest World Economic Outlook (WEO). A positive feature of the current growth scenario is that it is becoming more diversified. Notwithstanding such positive developments, the continuing volatility of the international oil prices and the ever widening globa
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Representing the Constituency consisting of Bangladesh, Bhutan, India and Sri Lanka Mr. Chairman, The Global Economy and Financial Markets 1. We broadly agree with the Fund’s assessment of the global economy in its latest World Economic Outlook (WEO). A positive feature of the current growth scenario is that it is becoming more diversified. Notwithstanding such positive developments, the continuing volatility of the international oil prices and the ever widening globa
মাৰ্চ 18, 2006
Governor’s Speech
Respected Prime Minister, distinguished guests and friends, On behalf of all the Reserve Bank employees - retired and serving; on behalf of the Central Board of the Bank and on my own behalf, I have the honour and privilege of extending a hearty welcome to our esteemed Prime Minister, Dr. Manmohan Singh; Governor of Maharashtra Shri S.M. Krishnaji; Chief Minister of Maharashtra State Shri Deshmukhji; Union Finance Minister Shri Chidambaramji and other distinguished gu
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Respected Prime Minister, distinguished guests and friends, On behalf of all the Reserve Bank employees - retired and serving; on behalf of the Central Board of the Bank and on my own behalf, I have the honour and privilege of extending a hearty welcome to our esteemed Prime Minister, Dr. Manmohan Singh; Governor of Maharashtra Shri S.M. Krishnaji; Chief Minister of Maharashtra State Shri Deshmukhji; Union Finance Minister Shri Chidambaramji and other distinguished gu
মাৰ্চ 18, 2006
Vote of Thanks by Dr. Rakesh Mohan, Deputy Governor
It is a great honour for all of us at the Reserve Bank of India to have the Honourable Prime Minister, Dr Manmohan Singh ji, our former Governor, to release the History of the Reserve Bank and to inaugurate the Centre for Advanced Financial Learning. Both the actions are very fitting since the History goes up to the time that the Prime Minister assumed office as Governor; and the inauguration of the Centre marks a forward looking approach to the development of the fin
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
It is a great honour for all of us at the Reserve Bank of India to have the Honourable Prime Minister, Dr Manmohan Singh ji, our former Governor, to release the History of the Reserve Bank and to inaugurate the Centre for Advanced Financial Learning. Both the actions are very fitting since the History goes up to the time that the Prime Minister assumed office as Governor; and the inauguration of the Centre marks a forward looking approach to the development of the fin
মাৰ্চ 18, 2006
Prime Minister's Speech
My Cabinet colleague Chidambaramji, Dr. Reddy, Ladies and Gentlemen, It is always a pleasure to be here. There is always something special about returning to a place that was one's own home. Even more so when one has only happy and warm memories. For me and my family, Mumbai has been a second home, and I have the fondest of memories of my tenure here at the Reserve Bank of India. I am delighted to release the third volume of the History of Reserve Bank of India coveri
Dr. Manmohan Singh, Hon’ble Prime Minister
My Cabinet colleague Chidambaramji, Dr. Reddy, Ladies and Gentlemen, It is always a pleasure to be here. There is always something special about returning to a place that was one's own home. Even more so when one has only happy and warm memories. For me and my family, Mumbai has been a second home, and I have the fondest of memories of my tenure here at the Reserve Bank of India. I am delighted to release the third volume of the History of Reserve Bank of India coveri
মাৰ্চ 18, 2006
Finance Minister`s Speech
It gives me great pleasure to be here today on the occasion of the release of three volumes of the History of the Reserve Bank of India by the Prime Minister. On this occasion, I am happy to release one of the key research publications of the Reserve Bank, viz., Report on Currency and Finance for the year 2004-05. Since 1999, the Report has focussed on a particular theme each year so that the overlap with the Bank's other flagship publications, such as, the Annual Rep
P. Chidambaram, Hon’ble Finance Minister
It gives me great pleasure to be here today on the occasion of the release of three volumes of the History of the Reserve Bank of India by the Prime Minister. On this occasion, I am happy to release one of the key research publications of the Reserve Bank, viz., Report on Currency and Finance for the year 2004-05. Since 1999, the Report has focussed on a particular theme each year so that the overlap with the Bank's other flagship publications, such as, the Annual Rep
মাৰ্চ 14, 2006
Recent Trends in the Indian Debt Market and Current Initiatives
The Indian debt market, and the government securities market in particular, is at a turning point in India with significant changes taking place in the domestic economic environment along with various proposed legislative changes. Let me briefly touch upon the reasons why I believe we are living in interesting times and why this is an opportune time to reflect on further debt market development. The first such significant change is the prohibition of RBI’s subscriptio
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
The Indian debt market, and the government securities market in particular, is at a turning point in India with significant changes taking place in the domestic economic environment along with various proposed legislative changes. Let me briefly touch upon the reasons why I believe we are living in interesting times and why this is an opportune time to reflect on further debt market development. The first such significant change is the prohibition of RBI’s subscriptio
মাৰ্চ 06, 2006
Reforms, Productivity and Efficiency in Banking: The Indian Experience
Let me at the outset congratulate the Pakistan Society of Development Economists for organising this Conference. Issues of productivity and efficiency have been at the centre-stage of discussions in recent years. Nowhere is this truer than the financial sector, which is perceived to be the ‘brain’ of the economy (Stiglitz, 1998). Even within the financial sector, given the dominance of bank-based financial systems in most emerging markets including ours and the system
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
Let me at the outset congratulate the Pakistan Society of Development Economists for organising this Conference. Issues of productivity and efficiency have been at the centre-stage of discussions in recent years. Nowhere is this truer than the financial sector, which is perceived to be the ‘brain’ of the economy (Stiglitz, 1998). Even within the financial sector, given the dominance of bank-based financial systems in most emerging markets including ours and the system
জানু 23, 2006
Central Bank Communications : Some Random Thoughts
Ms. Wanda Tseng, Mr. Ariyoshi, distinguished fellow central bankers and friends, At the outset, I would like to extend a hearty welcome to all our guests to India. I hope you will find the weather outside as well as the intellectual stimulation in the seminar pleasant and productive. I am thankful to the organisers for inviting me to participate in the seminar. The subject is close to our head and heart and we, in the RBI, had organized a SAARCFIN sponsored seminar la
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Ms. Wanda Tseng, Mr. Ariyoshi, distinguished fellow central bankers and friends, At the outset, I would like to extend a hearty welcome to all our guests to India. I hope you will find the weather outside as well as the intellectual stimulation in the seminar pleasant and productive. I am thankful to the organisers for inviting me to participate in the seminar. The subject is close to our head and heart and we, in the RBI, had organized a SAARCFIN sponsored seminar la
জানু 19, 2006
Role of Accountants in Fostering Economic Growth
Distinguished guests, ladies and gentlemen, I am thankful to Shri Kamlesh Vikamsey for inviting me to this august gathering. This Conference is of relevance to all of us, not only because of the eminence of the speakers who are addressing this gathering, but also because it represents an important step by the Institute of Chartered Accountants of India (ICAI) to distill from the experiences of other countries in its quest for global benchmarking of our accounting stan
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Distinguished guests, ladies and gentlemen, I am thankful to Shri Kamlesh Vikamsey for inviting me to this august gathering. This Conference is of relevance to all of us, not only because of the eminence of the speakers who are addressing this gathering, but also because it represents an important step by the Institute of Chartered Accountants of India (ICAI) to distill from the experiences of other countries in its quest for global benchmarking of our accounting stan
ডিচে 27, 2005
Importance of Productivity in India
Respected Professor Papola and friends, It is an honour and privilege to address this august gathering. I am happy to visit Visakhapatnam, where, in 1965, I commenced my career in civil services in Andhra Pradesh as an Assistant Collector under training - learning initially from village karnam of Penduthri village (then a village) and Revenue Inspector of Gajuvoka, travelling by bicycle to the villages. I am particularly delighted that a friend for decades, an economi
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Respected Professor Papola and friends, It is an honour and privilege to address this august gathering. I am happy to visit Visakhapatnam, where, in 1965, I commenced my career in civil services in Andhra Pradesh as an Assistant Collector under training - learning initially from village karnam of Penduthri village (then a village) and Revenue Inspector of Gajuvoka, travelling by bicycle to the villages. I am particularly delighted that a friend for decades, an economi

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