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Speeches
																		નવે 13,
																		2013
																		
																
																
																	
																		
																			Vigilance Administration: Encouraging Probity in Public Life
																		
																		
																			
																			
																	
																	
																
																
																					Shri A. K. Handa, Chairman, Centre For Integrity, Governance & Training on Vigilance Administration (CIGVA); Shri S .K. Goel, former CMD, UCO Bank; Shri R.V. Verma, Chairman, NHB; other officials of CIGVA; delegates to this seminar on Vigilance Administration, ladies and gentlemen! At the outset, let me congratulate CIGVA and Shri Handa for creating an institutional forum which seeks to strengthen the governance processes with an underlying objective of bringing a
																			
																			
																		
																	Dr. K.C. Chakrabarty, 
																	Deputy Governor, Reserve Bank of India 
																
																
																		Shri A. K. Handa, Chairman, Centre For Integrity, Governance & Training on Vigilance Administration (CIGVA); Shri S .K. Goel, former CMD, UCO Bank; Shri R.V. Verma, Chairman, NHB; other officials of CIGVA; delegates to this seminar on Vigilance Administration, ladies and gentlemen! At the outset, let me congratulate CIGVA and Shri Handa for creating an institutional forum which seeks to strengthen the governance processes with an underlying objective of bringing a
																
																
																
																
																
																
																
																
																
																		નવે 11,
																		2013
																		
																
																
																	
																		
																			Training for Commercial Bankers
																		
																		
																			
																			
																	
																	
																
																
																					Honorable Chancellor Shri Vinay Hegde, Professor Dr. Ramananda Shetty, Dr. Shantaram Shetty, Dr. Thingalaya, Shri S.K. Jain, CMD, Syndicate Bank, Shri S.R. Bansal, CMD, Corporation Bank, Shri Anantha krishna, Chairman, Karnataka Bank, ladies and gentlemen. It gives me immense pleasure to inaugurate the academic block of NITTE Institute of Banking and Finance. It is an opportune time as also the need of the hour to enhance professional skills of bankers since we are po
																			
																			
																		
																	Shri G. Gopalakrishna, 
																	Executive Director, Reserve Bank of India 
																
																
																		Honorable Chancellor Shri Vinay Hegde, Professor Dr. Ramananda Shetty, Dr. Shantaram Shetty, Dr. Thingalaya, Shri S.K. Jain, CMD, Syndicate Bank, Shri S.R. Bansal, CMD, Corporation Bank, Shri Anantha krishna, Chairman, Karnataka Bank, ladies and gentlemen. It gives me immense pleasure to inaugurate the academic block of NITTE Institute of Banking and Finance. It is an opportune time as also the need of the hour to enhance professional skills of bankers since we are po
																
																
																
																
																
																
																
																
																
																		ઑક્ટો 31,
																		2013
																		
																
																
																	
																		
																			Speech on Financial Inclusion delivered by Dr. (Smt) Deepali Pant Joshi, Executive Director, Reserve Bank of India at the Vth Dun and Bradstreet Conclave on Financial Inclusion – Kolkata on October 28, 2013
																		
																		
																			
																			
																	
																	
																
																
																					INTRODUCTION 1. Mr. Sampath Kumar, Ms Preetha Mishra and my dear ladies and gentlemen. I am delighted to be with you this morning for the inaugural session of the fifth Dun and Bradstreet Financial Inclusion Conclave. I extend warm congratulations to Dun and Bradstreet for hosting the event in the beautiful city of Kolkata. 2. Financial Inclusion is not a new dispensation. Bank Nationalisation in 1969 and the tremendous push for branch building which followed in its w
																			
																			
																		
																	Dr. (Smt.) Deepali Pant Joshi, 
																	Executive Director, Reserve Bank of India 
																
																
																		INTRODUCTION 1. Mr. Sampath Kumar, Ms Preetha Mishra and my dear ladies and gentlemen. I am delighted to be with you this morning for the inaugural session of the fifth Dun and Bradstreet Financial Inclusion Conclave. I extend warm congratulations to Dun and Bradstreet for hosting the event in the beautiful city of Kolkata. 2. Financial Inclusion is not a new dispensation. Bank Nationalisation in 1969 and the tremendous push for branch building which followed in its w
																
																
																
																
																
																
																
																
																
																		ઑક્ટો 30,
																		2013
																		
																
																
																	
																		
																			Ideas and Actions for Re-igniting India’s Growth and Shaping the Recovery
																		
																		
																			
																			
																	
																	
																
																
																					His Excellency, Dr. Arye Kumar Jagessur, High Commissioner of Mauritius in India; Dr. Ajay Pandey, Dean, IIM Ahmedabad; PGPX Chair Professor Anurag Agarwal, other faculty members and students of IIM Ahmedabad. Let me begin by thanking you for inviting me to CONNEXION 2013. I understand that this is an annual event organized by the students of the One-year Post-Graduate Programme in Management for Executives (PGPX) which brings together industry and academia for brains
																			
																			
																		
																	Dr. K.C. Chakrabarty, 
																	Deputy Governor, Reserve Bank of India 
																
																
																		His Excellency, Dr. Arye Kumar Jagessur, High Commissioner of Mauritius in India; Dr. Ajay Pandey, Dean, IIM Ahmedabad; PGPX Chair Professor Anurag Agarwal, other faculty members and students of IIM Ahmedabad. Let me begin by thanking you for inviting me to CONNEXION 2013. I understand that this is an annual event organized by the students of the One-year Post-Graduate Programme in Management for Executives (PGPX) which brings together industry and academia for brains
																
																
																
																
																
																
																
																
																
																		ઑક્ટો 30,
																		2013
																		
																
																
																	
																		
																			Retail Payments at Crossroads: Economics, Strategies and Future Policies
																		
																		
																			
																			
																	
																	
																
																
																					I am deeply honored to be here and thank the European Central Bank and Banque de France for inviting me as a member of this important panel. I have been asked to specifically comment on three aspects of the topic we are discussing and let me attempt that in seriatim. I. How can financial intermediaries and financial inclusion contribute to the economic growth of the country? 1. As Global Payments 20131 report points out we are facing a “two speed world” as far as paym
																			
																			
																		
																	Shri G Padmanabhan, 
																	Executive Director, Reserve Bank of India 
																
																
																		I am deeply honored to be here and thank the European Central Bank and Banque de France for inviting me as a member of this important panel. I have been asked to specifically comment on three aspects of the topic we are discussing and let me attempt that in seriatim. I. How can financial intermediaries and financial inclusion contribute to the economic growth of the country? 1. As Global Payments 20131 report points out we are facing a “two speed world” as far as paym
																
																
																
																
																
																
																
																
																
																		ઑક્ટો 22,
																		2013
																		
																
																
																	
																		
																			Financial Education and Customer Protection
																		
																		
																			
																			
																			
																			
																		
																	
																	
																
																
																	Dr. (Smt.) Deepali Pant Joshi, 
																	Executive Director, Reserve Bank of India 
																
																
																		ઑક્ટો 19,
																		2013
																		
																
																
																	
																		
																			Filtering Out the Real India
																		
																		
																			
																			
																	
																	
																
																
																					Indian cricket fans are manic-depressive in their treatment of their favorite teams. They elevate players to god-like status when their team performs well, ignoring obvious weaknesses; but when it loses, as any team must, the fall is equally steep and every weakness is dissected. In fact, the team is never as good as fans make it out to be when it wins, nor as bad as it is made out to be when it loses. Its weaknesses existed in victory, too, but were overlooked. Such 
																			
																			
																		
																	Dr. Raghuram G. Rajan, 
																	Governor, Reserve Bank of India 
																
																
																		Indian cricket fans are manic-depressive in their treatment of their favorite teams. They elevate players to god-like status when their team performs well, ignoring obvious weaknesses; but when it loses, as any team must, the fall is equally steep and every weakness is dissected. In fact, the team is never as good as fans make it out to be when it wins, nor as bad as it is made out to be when it loses. Its weaknesses existed in victory, too, but were overlooked. Such 
																
																
																
																
																
																
																
																
																
																		ઑક્ટો 18,
																		2013
																		
																
																
																	
																		
																			Banking on Quality Data
																		
																		
																			
																			
																	
																	
																
																
																					Dr.Bhaskaran, CEO, Indian Institute of Banking and Finance, delegates attending this Conference, ladies and gentlemen. I am grateful to Dr Bhaskaran for inviting me to inaugurate this Conference. The theme ‘data quality management’ is topical and of prime importance to the financial sector as banking increasingly gets embedded with technology, from micro devices to stacks of Mainframe computers. Introduction 2. Before I go on to the core theme of my speech, let me cit
																			
																			
																		
																	Shri G Padmanabhan, 
																	Executive Director, Reserve Bank of India 
																
																
																		Dr.Bhaskaran, CEO, Indian Institute of Banking and Finance, delegates attending this Conference, ladies and gentlemen. I am grateful to Dr Bhaskaran for inviting me to inaugurate this Conference. The theme ‘data quality management’ is topical and of prime importance to the financial sector as banking increasingly gets embedded with technology, from micro devices to stacks of Mainframe computers. Introduction 2. Before I go on to the core theme of my speech, let me cit
																
																
																
																
																
																
																
																
																
																		ઑક્ટો 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
																
																
																
																
																
																
																
																
																
																		ઑક્ટો 10,
																		2013
																		
																
																
																	
																		
																			Regaining the Growth Momentum: Issues and Imperatives
																		
																		
																			
																			
																	
																	
																
																
																					Shri Pratip Chaudhuri, Former Chairman, State Bank of India; Dr. Rajan Saxena, Vice-Chancellor, Narsee Monjee Institute of Management Studies (NMIMS); Dr. Debashis Sanyal, Dean; Dr. Vrinda Kamat, Chairperson (MBA Banking); Mr. C. B. Ramamurthy, my former boss at Bank of Baroda; faculty and students of the School of Business Management, NMIMS University; distinguished invitees, members of the print and electronic media, ladies and gentlemen! At the outset let me congra
																			
																			
																		
																	Dr. K.C. Chakrabarty, 
																	Deputy Governor, Reserve Bank of India 
																
																
																		Shri Pratip Chaudhuri, Former Chairman, State Bank of India; Dr. Rajan Saxena, Vice-Chancellor, Narsee Monjee Institute of Management Studies (NMIMS); Dr. Debashis Sanyal, Dean; Dr. Vrinda Kamat, Chairperson (MBA Banking); Mr. C. B. Ramamurthy, my former boss at Bank of Baroda; faculty and students of the School of Business Management, NMIMS University; distinguished invitees, members of the print and electronic media, ladies and gentlemen! At the outset let me congra
																
																
																
																
																
																
																
																
																
																		ઑક્ટો 07,
																		2013
																		
																
																
																	
																		
																			What, Why and How of Retail (Mass) Banking: Issues and Challenges
																		
																		
																			
																			
																	
																	
																
																
																					Mrs. Usha Thorat, Director, Centre For Advanced Financial Research And Learning (CAFRAL); Mr. B D W A Silva, Deputy Governor , Central Bank of Sri Lanka; CEOs of various commercial banks from across the globe, other fellow Central Bankers ; ladies and gentleman! At the outset, I would like to extend a warm welcome to all the delegates to this roundtable, especially the foreign delegates who have travelled to India to be a part of this event. It is indeed a privilege f
																			
																			
																		
																	Dr. K.C. Chakrabarty, 
																	Deputy Governor, Reserve Bank of India 
																
																
																		Mrs. Usha Thorat, Director, Centre For Advanced Financial Research And Learning (CAFRAL); Mr. B D W A Silva, Deputy Governor , Central Bank of Sri Lanka; CEOs of various commercial banks from across the globe, other fellow Central Bankers ; ladies and gentleman! At the outset, I would like to extend a warm welcome to all the delegates to this roundtable, especially the foreign delegates who have travelled to India to be a part of this event. It is indeed a privilege f
																
																
																
																
																
																
																
																
																
																		ઑક્ટો 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
																
																
																
																
																
																
																
																
																
																		ઑક્ટો 04,
																		2013
																		
																
																
																	
																		
																			Financial Education Key to Promoting Financial Inclusion and Customer Protection
																		
																		
																			
																			
																	
																	
																
																
																					I am happy to be able to address, though not real time, various stakeholders from across the country on this important subject and also congratulate the CAB for focusing on this topical issue. Financial Education is a not a new idea for those present here but the enabling environment in terms of policy focus on inclusive growth and availability of technology for cost effective delivery of both banking services and financial education is of recent origin. There is a st
																			
																			
																		
																	Dr. (Smt.) Deepali Pant Joshi, 
																	Executive Director, Reserve Bank of India 
																
																
																		I am happy to be able to address, though not real time, various stakeholders from across the country on this important subject and also congratulate the CAB for focusing on this topical issue. Financial Education is a not a new idea for those present here but the enabling environment in terms of policy focus on inclusive growth and availability of technology for cost effective delivery of both banking services and financial education is of recent origin. There is a st
																
																
																
																
																
																
																
																
																
																		ઑક્ટો 03,
																		2013
																		
																
																
																	
																		
																			Speech delivered by Shri G Gopalakrishna, Executive Director, Reserve Bank of India at “Axis Champions Awards” on October 1, 2013 at Mumbai
																		
																		
																			
																			
																	
																	
																
																
																					Dr. Sanjiv Misra, Chariman Axis Bank, Smt. Shika Sharma, MD and CEO, Sr.Executives and ladies and Genetlemen, I have great pleasure in being a part of an event that hosts and toasts achievers who have excelled and left an indelible impression on customers by dint of exemplary work and service. I must congratulate Axis Bank for instituting these awards and felicitating their personnel, which I am sure will spur them on to better their own record and possibly also inspi
																			
																			
																		
																	Shri G. Gopalakrishna, 
																	Executive Director, Reserve Bank of India 
																
																
																		Dr. Sanjiv Misra, Chariman Axis Bank, Smt. Shika Sharma, MD and CEO, Sr.Executives and ladies and Genetlemen, I have great pleasure in being a part of an event that hosts and toasts achievers who have excelled and left an indelible impression on customers by dint of exemplary work and service. I must congratulate Axis Bank for instituting these awards and felicitating their personnel, which I am sure will spur them on to better their own record and possibly also inspi
																
																
																
																
																
																
																
																
																
																		સપ્ટે 30,
																		2013
																		
																
																
																	
																		
																			Payment Systems in India: Reflections on some recent trends and future challenges
																		
																		
																			
																			
																	
																	
																
																
																					On behalf of Reserve Bank of India, it is my privilege to welcome all the distinguished participants to India, to the city of Pune and to the College of Agricultural Banking – a premier training establishment of the Reserve Bank of India focussed on rural and co-operative financial sector development besides general banking with emphasis on technology led business processes. It is also a matter of great privilege for me to be inaugurating this important International 
																			
																			
																		
																	Shri Harun R Khan, 
																	Deputy Governor, Reserve Bank of India 
																
																
																		On behalf of Reserve Bank of India, it is my privilege to welcome all the distinguished participants to India, to the city of Pune and to the College of Agricultural Banking – a premier training establishment of the Reserve Bank of India focussed on rural and co-operative financial sector development besides general banking with emphasis on technology led business processes. It is also a matter of great privilege for me to be inaugurating this important International 
																
																
																
																
																
																
																
																
																
																		સપ્ટે 30,
																		2013
																		
																
																
																	
																		
																			Transformation of Development Financial Institutions into Commercial Banks: The Case of IDBI and the Role of Employee Unions
																		
																		
																			
																			
																	
																	
																
																
																					Shri Basudeb Achariya, Hon’ble MP, Lok Sabha; Comrade Rajen Nagar, President, AIBEA; Shri B.P. Kanungo, Regional Director for West Bengal and Sikkim, Reserve Bank of India; Shri Samir Ghosh, General Secretary, All Indian Reserve Bank Employees Association; Principal office bearers of the United Forum of IDBI Officers and Employees; officers and employees of IDBI and other delegates to the seminar; ladies and gentlemen! I am pleased to note that the United Forum of IDB
																			
																			
																		
																	Dr. K.C. Chakrabarty, 
																	Deputy Governor, Reserve Bank of India 
																
																
																		Shri Basudeb Achariya, Hon’ble MP, Lok Sabha; Comrade Rajen Nagar, President, AIBEA; Shri B.P. Kanungo, Regional Director for West Bengal and Sikkim, Reserve Bank of India; Shri Samir Ghosh, General Secretary, All Indian Reserve Bank Employees Association; Principal office bearers of the United Forum of IDBI Officers and Employees; officers and employees of IDBI and other delegates to the seminar; ladies and gentlemen! I am pleased to note that the United Forum of IDB
																
																
																
																
																
																
																
																
																
																		સપ્ટે 28,
																		2013
																		
																
																
																	
																		
																			National Institute of Bank Management Conclave on Implications of New Bank Licences
																		
																		
																			
																			
																	
																	
																
																
																					I have great pleasure and privilege in associating myself with the conclave of the Post Graduate Students of National Institute of Bank Management (NIBM), Pune. I am indeed grateful to Director Allen C A Pereira for inviting me to deliver the inaugural address. NIBM is a premier educational institution of the country in the field of banking and finance and it is but natural for them to select a subject of topical interest for this conclave. 2. I understand that the ob
																			
																			
																		
																	Shri B. Mahapatra, 
																	Executive Director, Reserve Bank of India 
																
																
																		I have great pleasure and privilege in associating myself with the conclave of the Post Graduate Students of National Institute of Bank Management (NIBM), Pune. I am indeed grateful to Director Allen C A Pereira for inviting me to deliver the inaugural address. NIBM is a premier educational institution of the country in the field of banking and finance and it is but natural for them to select a subject of topical interest for this conclave. 2. I understand that the ob
																
																
																
																
																
																
																
																
																
																		સપ્ટે 17,
																		2013
																		
																
																
																	
																		
																			Enabling Urban Microfinance
																		
																		
																			
																			
																	
																	
																
																
																					At the outset, let me congratulate Additional Secretary for the theme of this conference ‘Énabling Urban Microfinance’ which is truly appropriate as it chooses to bring to centre stage issues of urban poverty. The scale of urban poverty in India is staggering. Current estimates suggest that 100 million poor people live in urban settlements comprising 40% of the urban poor. These numbers are expected to rise. The prediction is that the total urban population of India w
																			
																			
																		
																	Dr. (Smt.) Deepali Pant Joshi, 
																	Executive Director, Reserve Bank of India 
																
																
																		At the outset, let me congratulate Additional Secretary for the theme of this conference ‘Énabling Urban Microfinance’ which is truly appropriate as it chooses to bring to centre stage issues of urban poverty. The scale of urban poverty in India is staggering. Current estimates suggest that 100 million poor people live in urban settlements comprising 40% of the urban poor. These numbers are expected to rise. The prediction is that the total urban population of India w
																
																
																
																
																
																
																
																
																
																		સપ્ટે 06,
																		2013
																		
																
																
																	
																		
																			Financial Inclusion in India: Journey So Far And Way Forward
																		
																		
																			
																			
																	
																	
																
																
																					Mr. M Narendra, Chairman, Indian Overseas Bank; Mr. Y M Deosthalee, CMD, L&T Finance; Mr. Arun Tiwari, ED, Allahabad Bank, Ms. Shereen Bhan, Managing Editor,CNBC-TV18, delegates to the conclave; friends from the media fraternity; ladies and gentlemen! It is a pleasure for me to be present here today at the Conclave organized by CNBC TV 18 on the very topical subject of financial inclusion. I am particularly happy that a business news channel which has built up a c
																			
																			
																		
																	Dr. K.C. Chakrabarty, 
																	Deputy Governor, Reserve Bank of India 
																
																
																		Mr. M Narendra, Chairman, Indian Overseas Bank; Mr. Y M Deosthalee, CMD, L&T Finance; Mr. Arun Tiwari, ED, Allahabad Bank, Ms. Shereen Bhan, Managing Editor,CNBC-TV18, delegates to the conclave; friends from the media fraternity; ladies and gentlemen! It is a pleasure for me to be present here today at the Conclave organized by CNBC TV 18 on the very topical subject of financial inclusion. I am particularly happy that a business news channel which has built up a c
																
																
																
																
																
																
																
																
																
																		ઑગસ્ટ 30,
																		2013
																		
																
																
																	
																		
																			Statistics in RBI’s Policy Making Conceptual and Empirical Issues
																		
																		
																			
																			
																	
																	
																
																
																					We have gathered here today to celebrate the seventh Statistics Day Conference of the Reserve Bank. The Reserve Bank instituted the Statistics Day Conference to honour the memory of Prof. P. C. Mahalanobis, who has had an enduring influence on planning and policy making in India. This annual conference has developed into an important forum for the Reserve Bank’s Research Departments to meet with researchers and engage on a specific theme of statistical analysis. The t
																			
																			
																		
																	Dr. D. Subbarao, 
																	Governor, Reserve Bank of India 
																
																
																		We have gathered here today to celebrate the seventh Statistics Day Conference of the Reserve Bank. The Reserve Bank instituted the Statistics Day Conference to honour the memory of Prof. P. C. Mahalanobis, who has had an enduring influence on planning and policy making in India. This annual conference has developed into an important forum for the Reserve Bank’s Research Departments to meet with researchers and engage on a specific theme of statistical analysis. The t
																
																
																
																
																
																
																
																
																પેજની છેલ્લી અપડેટની તારીખ: