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Feb 27, 2015
Some Thoughts on Forex Markets in India
Introduction It is indeed a pleasure for me to be here at the India Treasury Summit to share my thoughts on the Indian Foreign Exchange Market. This forum provides an important platform for interaction amongst the corporate treasurers, finance professionals and market participants and it is being held at a time when the financial world is beset with uncertainties regarding economic growth prospects, oil and commodity prices and monetary policy stances of major economi
Shri G. Mahalingam, Executive Director, Reserve Bank of India
Introduction It is indeed a pleasure for me to be here at the India Treasury Summit to share my thoughts on the Indian Foreign Exchange Market. This forum provides an important platform for interaction amongst the corporate treasurers, finance professionals and market participants and it is being held at a time when the financial world is beset with uncertainties regarding economic growth prospects, oil and commodity prices and monetary policy stances of major economi
Oct 06, 2014
Indian Foreign Exchange Market: Recent Developments and the Road Ahead
It is indeed a pleasure to address the trading professionals in the Indian foreign exchange market at the Forex Association of India’s 25th Annual Forex Assembly. The emerging and enchanting city of Gurgaon provides the right backdrop for holding such a conference as this city epitomizes phenomenal growth and development symbolizing the best of “Made in India” and “Make in India” and in a similar vein the Indian forex market has also witnessed tremendous growth and de
Shri Harun R Khan, Deputy Governor, Reserve Bank of India
It is indeed a pleasure to address the trading professionals in the Indian foreign exchange market at the Forex Association of India’s 25th Annual Forex Assembly. The emerging and enchanting city of Gurgaon provides the right backdrop for holding such a conference as this city epitomizes phenomenal growth and development symbolizing the best of “Made in India” and “Make in India” and in a similar vein the Indian forex market has also witnessed tremendous growth and de
Aug 06, 2014
FEMA administration- Prospects and Challenges
1. It is a great pleasure and privilege to be here today. I thank the Kuwait/Muscat Chapter of the Institute of Chartered Accountants of India for the unique opportunity to address its members and a cross section of Indian population in the Gulf Region. The Institute has set high standards in professionalism and contributed greatly to the development of the corporate business. It is heartening to note that the Institute has a large presence in this region and that the
Shri G Padmanabhan, Executive Director, Reserve Bank of India
1. It is a great pleasure and privilege to be here today. I thank the Kuwait/Muscat Chapter of the Institute of Chartered Accountants of India for the unique opportunity to address its members and a cross section of Indian population in the Gulf Region. The Institute has set high standards in professionalism and contributed greatly to the development of the corporate business. It is heartening to note that the Institute has a large presence in this region and that the
Jun 30, 2014
Governance in the Corporate Sector – Certain Perspectives
Mr. Sridharan, President, Institute of Company Secretaries of India (ICSI), Mr. Khare Vice-President, Mr. Sahoo, ladies and gentlemen. Good afternoon. It is my pleasure and privilege to address this gathering today at the conclusion of the 15th National Conference of Practicing Company Secretaries (PCS) held under the aegis of ICSI. When my good friend Mr. Sahoo asked me to address this august gathering, I accepted with alacrity since I am aware that the ICSI has been
Shri G Padmanabhan, Executive Director, Reserve Bank of India
Mr. Sridharan, President, Institute of Company Secretaries of India (ICSI), Mr. Khare Vice-President, Mr. Sahoo, ladies and gentlemen. Good afternoon. It is my pleasure and privilege to address this gathering today at the conclusion of the 15th National Conference of Practicing Company Secretaries (PCS) held under the aegis of ICSI. When my good friend Mr. Sahoo asked me to address this august gathering, I accepted with alacrity since I am aware that the ICSI has been
Apr 21, 2014
Regulating Capital Account: Some Thoughts
1. It gives me great pleasure to be with you in this beautiful city of Cape Town for the 9thAnnual Conference of the Foreign Exchange Dealers Association of India (FEDAI). Cape Town is a celebrated tourist destination, particularly at this time of the year. The place and time are ideal for mixing business with pleasure. For me, speaking to you, the pleasure is mixed with some trepidation because we are living in times when there is uncertainty all round not only in th
Shri Harun R Khan, Deputy Governor, Reserve Bank of India
1. It gives me great pleasure to be with you in this beautiful city of Cape Town for the 9thAnnual Conference of the Foreign Exchange Dealers Association of India (FEDAI). Cape Town is a celebrated tourist destination, particularly at this time of the year. The place and time are ideal for mixing business with pleasure. For me, speaking to you, the pleasure is mixed with some trepidation because we are living in times when there is uncertainty all round not only in th
Jan 15, 2014
Global Liquidity and Financial Contagion
I thank Mrs. Usha Thorat, Director, Centre for Advanced Financial Research and Learning (CAFRAL) for the opportunity of being a part of this very distinguished panel. With the “great moderation” of high growth and low inflation, consideration of liquidity almost fell off from the lexicon of central banks. Arguably, with central banks targeting interest rates, liquidity becomes endogenous. Of course, liquidity is the flip side of the same coin. If one were to target a
Shri Deepak Mohanty, Executive Director, Reserve Bank of India
I thank Mrs. Usha Thorat, Director, Centre for Advanced Financial Research and Learning (CAFRAL) for the opportunity of being a part of this very distinguished panel. With the “great moderation” of high growth and low inflation, consideration of liquidity almost fell off from the lexicon of central banks. Arguably, with central banks targeting interest rates, liquidity becomes endogenous. Of course, liquidity is the flip side of the same coin. If one were to target a
Dec 05, 2013
Administering FEMA - Evolving Challenges
DG Shri H R Khan, Chairman, Foreign Exchange Dealers Association of India, Officials from the Authorised Dealer Banks, and my colleagues from RBI from all over the country, 1. A very good morning and welcome to this historic city of Agra. It is customary in these annual gatherings to take stock of the developments in the area of foreign exchange management over the preceding one year and discuss the context and content of the in-the-pipeline changes contemplated. The
Shri G Padmanabhan, Executive Director, Reserve Bank of India
DG Shri H R Khan, Chairman, Foreign Exchange Dealers Association of India, Officials from the Authorised Dealer Banks, and my colleagues from RBI from all over the country, 1. A very good morning and welcome to this historic city of Agra. It is customary in these annual gatherings to take stock of the developments in the area of foreign exchange management over the preceding one year and discuss the context and content of the in-the-pipeline changes contemplated. The
Oct 11, 2013
Welcome to India: State of the Indian economy, banking sector and factoring services
Mr. Gerhard Prenner, Chairman, International Factors Group (IFG); Mr. Pramod Bhasin, Founder & Vice Chairman, Genpact Limited; Mr. Sanjay Chamria, Co-founder & CEO, Magma Fincorp Limited; Mr. Ravi Gupta, Managing Director, Blend Financial Services Ltd.; delegates to the conference, ladies and gentlemen! It gives me great pleasure to welcome you all, especially the foreign delegates, to India and to this historic city of New Delhi for IFG’s Annual Conference. I
Dr. K.C. Chakrabarty, Deputy Governor, Reserve Bank of India
Mr. Gerhard Prenner, Chairman, International Factors Group (IFG); Mr. Pramod Bhasin, Founder & Vice Chairman, Genpact Limited; Mr. Sanjay Chamria, Co-founder & CEO, Magma Fincorp Limited; Mr. Ravi Gupta, Managing Director, Blend Financial Services Ltd.; delegates to the conference, ladies and gentlemen! It gives me great pleasure to welcome you all, especially the foreign delegates, to India and to this historic city of New Delhi for IFG’s Annual Conference. I
Oct 07, 2013
Certain Uncertainties, Uncertain Certainties: India in an interconnected world
Presentation 1. It is a pleasure to be here today at the 40th annual convention of the Department of Business Economics of the University of Delhi. Let me begin by congratulating the Department for selecting a very appropriate theme for the Convention – “Embracing uncertainty: India in an interconnected world”. The events over the last few years – beginning from the onset of the global financial crisis, the sovereign debt crisis and, more recently, the events triggere
Shri Harun R Khan, Deputy Governor, Reserve Bank of India
Presentation 1. It is a pleasure to be here today at the 40th annual convention of the Department of Business Economics of the University of Delhi. Let me begin by congratulating the Department for selecting a very appropriate theme for the Convention – “Embracing uncertainty: India in an interconnected world”. The events over the last few years – beginning from the onset of the global financial crisis, the sovereign debt crisis and, more recently, the events triggere
Aug 02, 2013
Responsible Innovation and Regulation in the Financial Sector
Once again, it is my pleasure and privilege to be here at IDRBT for the annual awards for IT excellence in banking. Every time I come here, I am impressed by the passion and energy with which IDRBT pursues its mission of improving banking technology. Over the last five years, under the leadership of Director Sambamurthy, the Institute has made impressive progress in several areas. Apart from training junior and middle level officers, the Institute also engages Directo
Dr. D. Subbarao, Governor, Reserve Bank of India
Once again, it is my pleasure and privilege to be here at IDRBT for the annual awards for IT excellence in banking. Every time I come here, I am impressed by the passion and energy with which IDRBT pursues its mission of improving banking technology. Over the last five years, under the leadership of Director Sambamurthy, the Institute has made impressive progress in several areas. Apart from training junior and middle level officers, the Institute also engages Directo

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