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સપ્ટે 08, 2022
Inclusive Credit: The Next Milestone - Remarks delivered by Shri M. Rajeshwar Rao, Deputy Governor, Reserve Bank of India – September 08, 2022 - at ASSOCHAM’s 17th Annual Summit & Awards on Banking & Financial Sector Lending in Mumbai

Ladies and Gentlemen, I thank ASSOCHAM for inviting me to deliver this talk here today. The theme of this summit - “Financial Inclusion & Future of Financial Services in India - Vision 2030” is indeed contextual and relevant given the challenges we face at this juncture. The discussions around the issue at this summit should generate invigorating discussions and productive outcomes during the course of the day. Financial inclusion has always been an important poli

Shri M. Rajeshwar Rao, Deputy Governor, Reserve Bank of India

Ladies and Gentlemen, I thank ASSOCHAM for inviting me to deliver this talk here today. The theme of this summit - “Financial Inclusion & Future of Financial Services in India - Vision 2030” is indeed contextual and relevant given the challenges we face at this juncture. The discussions around the issue at this summit should generate invigorating discussions and productive outcomes during the course of the day. Financial inclusion has always been an important poli

સપ્ટે 05, 2022
Financial Market Reforms: Approach and Expectations - Address by Shri Shaktikanta Das, Governor, Reserve Bank of India - September 05, 2022 - at FIMMDA annual event, Mumbai

1. I am happy to be part of this FIMMDA1 event today. I take this opportunity to place on record the RBI’s appreciation of the key role played by FIMMDA in the development of financial markets in India. 2. In my address this evening, I propose to reflect upon some recent financial market developments and our efforts to navigate through them in the prevailing global and domestic environment. I shall then touch upon some of our recent initiatives for the development of

Shri Shaktikanta Das, Governor, Reserve Bank of India

1. I am happy to be part of this FIMMDA1 event today. I take this opportunity to place on record the RBI’s appreciation of the key role played by FIMMDA in the development of financial markets in India. 2. In my address this evening, I propose to reflect upon some recent financial market developments and our efforts to navigate through them in the prevailing global and domestic environment. I shall then touch upon some of our recent initiatives for the development of

ઑગસ્ટ 24, 2022
Dynamics of Inflation in South Asia - Keynote address delivered by Dr. Michael Debabrata Patra, Deputy Governor, Reserve Bank of India - August 24, 2022 - at the SAARCFINANCE Seminar hosted by India, New Delhi
Good afternoon and a warm welcome to South Asian Association for Regional Cooperation (SAARC) central bank colleagues participating in this first physical seminar under the aegis of SAARCFINANCE after the onset of the pandemic. Greetings to Ms. Dechen Pelzom, Executive Director, Royal Monetary Authority of Bhutan. We are delighted to have with us colleagues from the Ministry of Finance, and virtual participants from our central banks, the Bank for International Settle
Dr. Michael Debabrata Patra, Deputy Governor, Reserve Bank of India
Good afternoon and a warm welcome to South Asian Association for Regional Cooperation (SAARC) central bank colleagues participating in this first physical seminar under the aegis of SAARCFINANCE after the onset of the pandemic. Greetings to Ms. Dechen Pelzom, Executive Director, Royal Monetary Authority of Bhutan. We are delighted to have with us colleagues from the Ministry of Finance, and virtual participants from our central banks, the Bank for International Settle
ઑગસ્ટ 24, 2022
Corporate Bond Markets in India – Challenges and prospects - Keynote address delivered by Shri T. Rabi Sankar, Deputy Governor, Reserve Bank of India - August 24, 2022 - at the Bombay Chamber of Commerce & Industry, Mumbai
Introduction 1. An active corporate bond market serves multiple functions. Apart from providing borrowers an alternative to bank finance, corporate bonds can lower the cost of long- term funding. Banks are typically constrained in lending long-term because their liabilities are relatively of a shorter tenor. An efficient corporate bond market with lower costs and quicker issuing time can offer an efficient and cost-effective source of longer term funds for corporates.
Shri T. Rabi Sankar, Deputy Governor, Reserve Bank of India
Introduction 1. An active corporate bond market serves multiple functions. Apart from providing borrowers an alternative to bank finance, corporate bonds can lower the cost of long- term funding. Banks are typically constrained in lending long-term because their liabilities are relatively of a shorter tenor. An efficient corporate bond market with lower costs and quicker issuing time can offer an efficient and cost-effective source of longer term funds for corporates.
ઑગસ્ટ 13, 2022
INDIA@75 - Speech delivered by Dr. Michael Debabrata Patra, Deputy Governor, Reserve Bank of India in an event to celebrate Azadi Ka Amrit Mohotsav organised by Reserve Bank of India - August 13, 2022, Bhubaneswar
Dr. Hrudananda Panda, Regional Director, Reserve Bank of India (RBI), Bhubaneswar, distinguished guests of the RBI from the Government of Odisha, academia, banks, financial institutions, industry associations, the media, scholars and students, my colleagues from the RBI, Ladies and Gentlemen, I am deeply honoured to be invited to deliver this address as part of the celebration of the 75th year of our Independence. I thank Dr. Panda for inviting me and more than that,
Dr. Michael Debabrata Patra, Deputy Governor, Reserve Bank of India
Dr. Hrudananda Panda, Regional Director, Reserve Bank of India (RBI), Bhubaneswar, distinguished guests of the RBI from the Government of Odisha, academia, banks, financial institutions, industry associations, the media, scholars and students, my colleagues from the RBI, Ladies and Gentlemen, I am deeply honoured to be invited to deliver this address as part of the celebration of the 75th year of our Independence. I thank Dr. Panda for inviting me and more than that,
જુલાઈ 22, 2022
Banking Beyond Tomorrow - Speech by Shri Shaktikanta Das, Governor, Reserve Bank of India - July 22, 2022 - Delivered at the Bank of Baroda’s Annual Banking Conference in Mumbai

I am delighted to be here among such a distinguished gathering at the Bank of Baroda Banking Conference. I wish to compliment the Bank of Baroda for organising this event and for having chosen ‘Banking Beyond Tomorrow’ as the theme of the Conference. Given that the banking landscape is witnessing far-reaching changes in the backdrop of rapid innovation, disruption and evolution of new business models, I believe this theme merits active discussion. 2. In my address tod

Shri Shaktikanta Das, Governor, Reserve Bank of India

I am delighted to be here among such a distinguished gathering at the Bank of Baroda Banking Conference. I wish to compliment the Bank of Baroda for organising this event and for having chosen ‘Banking Beyond Tomorrow’ as the theme of the Conference. Given that the banking landscape is witnessing far-reaching changes in the backdrop of rapid innovation, disruption and evolution of new business models, I believe this theme merits active discussion. 2. In my address tod

જુલાઈ 09, 2022
Globalisation of Inflation and Conduct of Monetary Policy - Speech by Shri Shaktikanta Das, Governor, Reserve Bank of India - July 9, 2022 - Delivered at the Kautilya Economic Conclave, organised by Institute of Economic Growth in New Delhi

I am delighted to participate in the inaugural Kautilya Economic Conclave. I look forward to this forum emerging as a leading platform for thoughtful discussions on contemporary economic and policy issues. The conference is being attended by a host of dignitaries from India and abroad, and I am sure their insights on a vast canvas of topics will enhance our understanding of current and future issues. In my address today, I propose to focus on a matter that is now in e

Shri Shaktikanta Das, Governor, Reserve Bank of India

I am delighted to participate in the inaugural Kautilya Economic Conclave. I look forward to this forum emerging as a leading platform for thoughtful discussions on contemporary economic and policy issues. The conference is being attended by a host of dignitaries from India and abroad, and I am sure their insights on a vast canvas of topics will enhance our understanding of current and future issues. In my address today, I propose to focus on a matter that is now in e

જૂન 29, 2022
Inaugural Address by Governor, Shri Shaktikanta Das at the Statistics Day Conference on June 29, 2022
It is a privilege to inaugurate the annual ‘Statistics Day Conference’ of the Reserve Bank. This annual event is taking place today in the physical mode after a gap of two years. On this day, the nation commemorates the contributions of Professor Prasanta Chandra Mahalanobis, one of the pioneers in the discipline of statistics and a true visionary. Professor C. R. Rao, a great statistician and a student of Professor Mahalanobis described him as “a physicist by trainin
Shri Shaktikanta Das, Governor, Reserve Bank of India
It is a privilege to inaugurate the annual ‘Statistics Day Conference’ of the Reserve Bank. This annual event is taking place today in the physical mode after a gap of two years. On this day, the nation commemorates the contributions of Professor Prasanta Chandra Mahalanobis, one of the pioneers in the discipline of statistics and a true visionary. Professor C. R. Rao, a great statistician and a student of Professor Mahalanobis described him as “a physicist by trainin
જૂન 24, 2022
Geopolitical Spillovers and the Indian Economy - Keynote Address delivered by Michael Debabrata Patra, Deputy Governor, Reserve Bank of India - June 24, 2022 - Standalone session on ‘Geopolitical Spillovers and the Indian Economy’ organised by the PhD Chamber of Commerce and Industry, New Delhi
Shri Pradeep Multani, President, Shri Saket Dalmia, Senior Vice-President, Shri Sanjeev Agarwal, Vice President, Shri Saurabh Sanyal, Secretary General, Dr. S P Sharma, Chief Economist, esteemed members of the PhD Chamber of Commerce and Industry, eminent dignitaries and friends. I am honoured to be invited to address and interact with you today. I am inspired by the Chamber’s glorious history of 117 years as an apex chamber of national eminence catalysing Indian busi
Dr. Michael Debabrata Patra, Deputy Governor, Reserve Bank of India
Shri Pradeep Multani, President, Shri Saket Dalmia, Senior Vice-President, Shri Sanjeev Agarwal, Vice President, Shri Saurabh Sanyal, Secretary General, Dr. S P Sharma, Chief Economist, esteemed members of the PhD Chamber of Commerce and Industry, eminent dignitaries and friends. I am honoured to be invited to address and interact with you today. I am inspired by the Chamber’s glorious history of 117 years as an apex chamber of national eminence catalysing Indian busi
જૂન 20, 2022
Building a Future-ready Banking System - Remarks delivered by Shri M. Rajeshwar Rao, Deputy Governor, Reserve Bank of India – June 16, 2022 - at IMC's 12th Annual Banking & Finance Conference held in Mumbai
Good morning, everyone! 1. Thank you for inviting me to deliver this inaugural address this morning. This conference has been appropriately timed and quite aptly themed as we strive to come out of the debilitating impact of the pandemic. While some parts of the country are witnessing a rise in infections, the vaccines seem to have reduced its impact and infections are not as severe as they were previously. Hopefully, going forward we would be able to go on with our li
Shri M. Rajeshwar Rao, Deputy Governor, Reserve Bank of India
Good morning, everyone! 1. Thank you for inviting me to deliver this inaugural address this morning. This conference has been appropriately timed and quite aptly themed as we strive to come out of the debilitating impact of the pandemic. While some parts of the country are witnessing a rise in infections, the vaccines seem to have reduced its impact and infections are not as severe as they were previously. Hopefully, going forward we would be able to go on with our li

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