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Sep 29, 1997
Annual Meetings of the World Bank Group and International Monetary Fund
Statement by the Honorable C. Rangarajan Governor, Reserve Bank of India Leader of Indian Delegation Annual Meetings, Hong Kong Mr. Chairman: The Annual Meetings of the World Bank Group and the International Monetary Fund at Hong Kong, China are of historic significane, coming as they do immediately after the unification of Hong Kong with China. In many ways Hong Kong epitomizes the tremendous potential for economic development through openness to foreign trade and in
Dr. C. Rangarajan, Governor, Reserve Bank of India
Statement by the Honorable C. Rangarajan Governor, Reserve Bank of India Leader of Indian Delegation Annual Meetings, Hong Kong Mr. Chairman: The Annual Meetings of the World Bank Group and the International Monetary Fund at Hong Kong, China are of historic significane, coming as they do immediately after the unification of Hong Kong with China. In many ways Hong Kong epitomizes the tremendous potential for economic development through openness to foreign trade and in
Aug 30, 1997
Silver Jubilee National Convention and Third International Conference of the Institute of Company Secretaries of India by C.Rangarajan at Hyderabad
1. The last few years have seen a marked upsurge of interest in the subject of corporate governance. There is widespread feeling that the system of corporate governance is in need of reform although there is no clear consensus on the nature of changes necessary. Corporate governance itself is a term that is not well defined. It may be said to include the policies and procedures adopted by a company in achieving its objectives in relation to its shareholders, employees
Dr. C. Rangarajan, Governor, Reserve Bank of India
1. The last few years have seen a marked upsurge of interest in the subject of corporate governance. There is widespread feeling that the system of corporate governance is in need of reform although there is no clear consensus on the nature of changes necessary. Corporate governance itself is a term that is not well defined. It may be said to include the policies and procedures adopted by a company in achieving its objectives in relation to its shareholders, employees
Aug 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
Aug 30, 1997
Inauguration of Andhra Bank Credit Card Transaction Automation Project
1. It gives me a great pleasure to be in your midst this morning and I am delighted to participate in this function which marks another important milestone in the development of Andhra Bank. 2. I am indeed heartened to note the progress that the Andhra Bank has made in the last few years and more particularly in the year 1996-97 and as Mr.Narayanan pointed out almost all parameters of operational efficiency have improved during 1996-97. Mr. Narayanan, Mr.Ganiga and th
Dr. C. Rangarajan, Governor, Reserve Bank of India
1. It gives me a great pleasure to be in your midst this morning and I am delighted to participate in this function which marks another important milestone in the development of Andhra Bank. 2. I am indeed heartened to note the progress that the Andhra Bank has made in the last few years and more particularly in the year 1996-97 and as Mr.Narayanan pointed out almost all parameters of operational efficiency have improved during 1996-97. Mr. Narayanan, Mr.Ganiga and th
Aug 29, 1997
On the conferment of schedule status and successful completion of Mahesh Bank
1. I have great pleasure in being with you this evening and participate in the function organised to declare the A.P. Mahesh Co-operative Urban Bank Ltd. as a scheduled urban co-operative bank. It is heartening to note that the A.P. Mahesh Co-operative Urban Bank Ltd. is the first urban co-operative bank in the Southern India to acquire the scheduled status. The successive Boards of Management deserve complements for making significant strides in building up a strong
Dr. C. Rangarajan, Governor, Reserve Bank of India
1. I have great pleasure in being with you this evening and participate in the function organised to declare the A.P. Mahesh Co-operative Urban Bank Ltd. as a scheduled urban co-operative bank. It is heartening to note that the A.P. Mahesh Co-operative Urban Bank Ltd. is the first urban co-operative bank in the Southern India to acquire the scheduled status. The successive Boards of Management deserve complements for making significant strides in building up a strong
Aug 20, 1997
The Role and Regulation of NBFCs
Address by S.P. Talwar Deputy Governor Reserve Bank of India at Round Table on 'The Role and Regulation of NBFCs' Organised by The Associated Chambers of Commerce & Industry of India, New Delhi on August 20, 1997 'The Role and Regulation of NBFCs' The Indian economy is going through a period of rapid `financial isation'. Today, the `intermediation' is being conducted by a wide range of financial institution through plethora of customer friendly financial products.
Shri S. P. Talwar, Deputy Governor, Reserve Bank of India
Address by S.P. Talwar Deputy Governor Reserve Bank of India at Round Table on 'The Role and Regulation of NBFCs' Organised by The Associated Chambers of Commerce & Industry of India, New Delhi on August 20, 1997 'The Role and Regulation of NBFCs' The Indian economy is going through a period of rapid `financial isation'. Today, the `intermediation' is being conducted by a wide range of financial institution through plethora of customer friendly financial products.
Aug 15, 1997
Exchange Rate Management : Dilemmas
Inaugural Address by Dr. Y.V. Reddy, Deputy Governor, Reserve Bank of India at XIth National Assembly Forex Association of India at Hotel Cidade De Goa, Goa, on August 15, 1997 Exchange Rate Management : Dilemmas Mr Chairman and friends, I am thankful to the organisers of the XI th National Assembly of the Forex Association of India for giving me an opportunity to share with you the dilemmas that we face in foreign exchange management. The fifty years since independen
Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India
Inaugural Address by Dr. Y.V. Reddy, Deputy Governor, Reserve Bank of India at XIth National Assembly Forex Association of India at Hotel Cidade De Goa, Goa, on August 15, 1997 Exchange Rate Management : Dilemmas Mr Chairman and friends, I am thankful to the organisers of the XI th National Assembly of the Forex Association of India for giving me an opportunity to share with you the dilemmas that we face in foreign exchange management. The fifty years since independen
Aug 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
Aug 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
Jul 25, 1997
Current Economic Trends at the All India Manufacturers Organisations
Address by Dr. C. Rangarajan Governor, Reserve Bank of India on 'Current Economic Trends' at the All India Manufacturers' Organisation's Meet Mumbai on July 25, 1997 In my address this evening I would like to focus on the current developments in the Indian economy in the context of the on-going macro-economic reform programme. The decade of the 90s has seen India rapidly transforming into a high growth economy. There has been an enormous change in the economic environ
Dr. C. Rangarajan, Governor, Reserve Bank of India
Address by Dr. C. Rangarajan Governor, Reserve Bank of India on 'Current Economic Trends' at the All India Manufacturers' Organisation's Meet Mumbai on July 25, 1997 In my address this evening I would like to focus on the current developments in the Indian economy in the context of the on-going macro-economic reform programme. The decade of the 90s has seen India rapidly transforming into a high growth economy. There has been an enormous change in the economic environ

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