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સપ્ટે 04, 2012
Basel III in International and Indian Contexts Ten Questions We Should Know the Answers For
For the fourth year on a trot, you have extended me the privilege of inaugurating this annual FICCI-IBA conference. Involving as it does leaders from the corporate and banking sectors, this conference has emerged as an important forum for discussing major policy issues. Naturally, I attach a lot of value to speaking from this platform. Thank you for this opportunity. 2. Later this month, we will be marking the fourth anniversary of the collapse of Lehman Brothers whic
Dr. D. Subbarao, Governor, Reserve Bank of India
For the fourth year on a trot, you have extended me the privilege of inaugurating this annual FICCI-IBA conference. Involving as it does leaders from the corporate and banking sectors, this conference has emerged as an important forum for discussing major policy issues. Naturally, I attach a lot of value to speaking from this platform. Thank you for this opportunity. 2. Later this month, we will be marking the fourth anniversary of the collapse of Lehman Brothers whic
સપ્ટે 03, 2012
CRR is a cost, manage it: Chakrabarty tells SBI
Dr. K.C. Chakrabarty, Deputy Governor, Reserve Bank of India
ઑગસ્ટ 31, 2012
Economic and Financial Developments in Uttarakhand
I thank Professor Murthy for inviting me to share my thoughts with a young audience in an institution which has a formidable reputation in agricultural research as having pioneered the “Green Revolution”. In my talk today, I propose to briefly outline the economic and financial structure of the State as well as highlight various financial inclusion initiatives taken by the Reserve Bank. I will then indicate a few policy challenges in sustaining the growth momentum. I
Shri Deepak Mohanty, Executive Director, Reserve Bank of India
I thank Professor Murthy for inviting me to share my thoughts with a young audience in an institution which has a formidable reputation in agricultural research as having pioneered the “Green Revolution”. In my talk today, I propose to briefly outline the economic and financial structure of the State as well as highlight various financial inclusion initiatives taken by the Reserve Bank. I will then indicate a few policy challenges in sustaining the growth momentum. I
ઑગસ્ટ 29, 2012
India in a Globalizing World : Some Policy Dilemmas
Dr. D. Subbarao, Governor, Reserve Bank of India
ઑગસ્ટ 28, 2012
Perspectives on Risk and Governance
Mr. P R Ramesh, Chairman, Deloitte, Dr. Vikram Kuriyan, Director of the Investment Centre, Indian School of Business, Ms. Usha Thorat and Mr. V S Das, my erstwhile colleagues from Reserve Bank and other delegates. It is a pleasure for me to interact with you all, today at this Summit. 2. The theme of the Summit revolves around risk and governance, the two terms which are being looked at by policy makers with renewed interest and a fresh perspective in the aftermath of
Shri Anand Sinha, Deputy Governor, Reserve Bank of India
Mr. P R Ramesh, Chairman, Deloitte, Dr. Vikram Kuriyan, Director of the Investment Centre, Indian School of Business, Ms. Usha Thorat and Mr. V S Das, my erstwhile colleagues from Reserve Bank and other delegates. It is a pleasure for me to interact with you all, today at this Summit. 2. The theme of the Summit revolves around risk and governance, the two terms which are being looked at by policy makers with renewed interest and a fresh perspective in the aftermath of
ઑગસ્ટ 28, 2012
India’s Post-Crisis Macroeconomic Challenges
I thank Professor Aditi Abhyankar for the opportunity for being a part of such a distinguished panel and share my thoughts with the young audience. As the future of the country, you have a great stake in the performance of our economy in a globalised world: the opportunity it provides, the promise it holds and the challenges we face. Therefore, the focus of my talk today is on the recent macroeconomic performance of the Indian economy. As you know the Indian economy e
Shri Deepak Mohanty, Executive Director, Reserve Bank of India
I thank Professor Aditi Abhyankar for the opportunity for being a part of such a distinguished panel and share my thoughts with the young audience. As the future of the country, you have a great stake in the performance of our economy in a globalised world: the opportunity it provides, the promise it holds and the challenges we face. Therefore, the focus of my talk today is on the recent macroeconomic performance of the Indian economy. As you know the Indian economy e
ઑગસ્ટ 24, 2012
Turmoil in Global Economy: The Indian Perspective
Shri Harun R Khan, Deputy Governor, Reserve Bank of India
ઑગસ્ટ 20, 2012
Goa to Goa- Changed contours of the Indian Forex Markets- New realities and Priorities
It is indeed an honour to once again address the top professionals in the Indian forex market. It is exactly 15 years since Dr Y V Reddy, the then RBI Deputy Governor, heralded the beginning of a true forex market in India in this city through what has become famous as the "Goa Speech". Clearly the attempt of Dr Reddy that day, and I was present in the front row of the audience, was to drive home some rationale and sanity into the participating audience. The market to
Shri G Padmanabhan, Executive Director, Reserve Bank of India
It is indeed an honour to once again address the top professionals in the Indian forex market. It is exactly 15 years since Dr Y V Reddy, the then RBI Deputy Governor, heralded the beginning of a true forex market in India in this city through what has become famous as the "Goa Speech". Clearly the attempt of Dr Reddy that day, and I was present in the front row of the audience, was to drive home some rationale and sanity into the participating audience. The market to
ઑગસ્ટ 20, 2012
Economic and Financial Developments in Odisha
I thank Shri Bijoy Ketan Mishra for inviting me to address this distinguished gathering. I am happy that The Political and Business Daily has chosen to highlight the role of banking in Odisha’s development. In the development of the financial sector, banks have a pivotal role. Finance leads growth and economic progress follows. As you know, the Reserve Bank has been actively engaged in the development of the financial sector. However, we have stepped up our efforts in
Shri Deepak Mohanty, Executive Director, Reserve Bank of India
I thank Shri Bijoy Ketan Mishra for inviting me to address this distinguished gathering. I am happy that The Political and Business Daily has chosen to highlight the role of banking in Odisha’s development. In the development of the financial sector, banks have a pivotal role. Finance leads growth and economic progress follows. As you know, the Reserve Bank has been actively engaged in the development of the financial sector. However, we have stepped up our efforts in
ઑગસ્ટ 13, 2012
Corporate Debt Restructuring- Issues and Way Forward
Ms. Soundara Kumar, Deputy Managing Director, State Bank of India, Mr. Siby Anthony, Managing Director & CEO, Edelweiss Asset Reconstruction Co. Ltd., Mr. R. Sundaram, President (Finance) & Company Secretary, Indo Count Industries Limited, Mr. T.R Madhavan, Executive Chairman, Centrum Group, and, seated in front of the dais, Mr. Chandir Gidwani , Promoter, Centrum Group, other distinguished guests, members of the print and electronic media, ladies and gentleme
Dr. K.C. Chakrabarty, Deputy Governor, Reserve Bank of India
Ms. Soundara Kumar, Deputy Managing Director, State Bank of India, Mr. Siby Anthony, Managing Director & CEO, Edelweiss Asset Reconstruction Co. Ltd., Mr. R. Sundaram, President (Finance) & Company Secretary, Indo Count Industries Limited, Mr. T.R Madhavan, Executive Chairman, Centrum Group, and, seated in front of the dais, Mr. Chandir Gidwani , Promoter, Centrum Group, other distinguished guests, members of the print and electronic media, ladies and gentleme
ઑગસ્ટ 07, 2012
The First Mile Walk into Financial Inclusion – Thinking Differently
Mrs. Naina Lal Kidwai, Vice President, FICCI and Country Head, HSBC India; Dr. Amiya Sharma, Chair, Sa-Dhan; Mr. Mathew Titus, Executive Director, Sa-Dhan, delegates to this Financial Inclusion Conference organized by FICCI and Sa-Dhan, ladies and gentlemen. I am pleased to be here with you all for the Financial Inclusion Conference 2012 that is being organized jointly by Sa-Dhan and FICCI. The theme this year “The First Mile Walk into Financial Inclusion” is both inn
Dr. K.C. Chakrabarty, Deputy Governor, Reserve Bank of India
Mrs. Naina Lal Kidwai, Vice President, FICCI and Country Head, HSBC India; Dr. Amiya Sharma, Chair, Sa-Dhan; Mr. Mathew Titus, Executive Director, Sa-Dhan, delegates to this Financial Inclusion Conference organized by FICCI and Sa-Dhan, ladies and gentlemen. I am pleased to be here with you all for the Financial Inclusion Conference 2012 that is being organized jointly by Sa-Dhan and FICCI. The theme this year “The First Mile Walk into Financial Inclusion” is both inn
ઑગસ્ટ 03, 2012
Indian Payment and Settlement Systems Responsible Innovation and Regulation
First of all, my thanks to the management of IDRBT for inviting me to this eighth edition of the IDRBT Banking Technology Awards function. Financial Innovation in the Context of the Crisis 2. We are gathered here today to recognise and celebrate financial innovation. If we take a long sweep of history, there is no doubt that innovation has contributed to enhancing the quantum, quality and reach of financial intermediation. In recent years though, financial innovation
Dr. D. Subbarao, Governor, Reserve Bank of India
First of all, my thanks to the management of IDRBT for inviting me to this eighth edition of the IDRBT Banking Technology Awards function. Financial Innovation in the Context of the Crisis 2. We are gathered here today to recognise and celebrate financial innovation. If we take a long sweep of history, there is no doubt that innovation has contributed to enhancing the quantum, quality and reach of financial intermediation. In recent years though, financial innovation
જુલાઈ 30, 2012
Managing currency risk in the new normal
Ladies and Gentlemen, I am happy to be here today and share with you my perspectives on this interesting theme of the Seminar. It does take a lot of courage to coin anything as "normal' these days. What is ‘New Normal’? Mr. Mohamed El-Erian and Mr. Bill Gross of Pacific Investment Management Company (PIMCO)coined the phrase ‘New Normal’ during early 2009 that basically signifies a downward shift in potential growth of the advanced economies post-crisis and the consequ
Shri G Padmanabhan, Executive Director, Reserve Bank of India
Ladies and Gentlemen, I am happy to be here today and share with you my perspectives on this interesting theme of the Seminar. It does take a lot of courage to coin anything as "normal' these days. What is ‘New Normal’? Mr. Mohamed El-Erian and Mr. Bill Gross of Pacific Investment Management Company (PIMCO)coined the phrase ‘New Normal’ during early 2009 that basically signifies a downward shift in potential growth of the advanced economies post-crisis and the consequ
જુલાઈ 23, 2012
Issues and Challenges in Financial Inclusion: Policies, Partnerships, Processes & Products
It is a great pleasure to be in the midst of such a galaxy of eminent civil servants, serving and retired, academics and corporate citizens associated with the Indian Institute of Public Administration (IIPA). IIPA was established in the year 1954 to undertake academic activities to enhance the leadership qualities and managerial capabilities. The idea is to build capacity for good governance and create mechanism for efficient delivery of public goods and welfare supp
Shri Harun R Khan, Deputy Governor, Reserve Bank of India
It is a great pleasure to be in the midst of such a galaxy of eminent civil servants, serving and retired, academics and corporate citizens associated with the Indian Institute of Public Administration (IIPA). IIPA was established in the year 1954 to undertake academic activities to enhance the leadership qualities and managerial capabilities. The idea is to build capacity for good governance and create mechanism for efficient delivery of public goods and welfare supp
જુલાઈ 19, 2012
Small is still Beautiful and Competitive – Reflections on the Growth of Micro, Small and Medium Enterprises (MSMEs) in India
Mr. Partha Chatterjee, Hon’ble Minister in Charge, Department of Commerce and Industries, Government of West Bengal, Dr. Manas Ranjan Bhunia, Hon’ble Minister in Charge, Department of Micro and Small Scale Enterprises and Textiles, Government of West Bengal, Dr. Rajeev Singh, Director General, Indian Chamber of Commerce, Kolkata, and other distinguished invitees. I am indeed happy to be a part of this national conference. 2. This conference is very timely for several
Shri Anand Sinha, Deputy Governor, Reserve Bank of India
Mr. Partha Chatterjee, Hon’ble Minister in Charge, Department of Commerce and Industries, Government of West Bengal, Dr. Manas Ranjan Bhunia, Hon’ble Minister in Charge, Department of Micro and Small Scale Enterprises and Textiles, Government of West Bengal, Dr. Rajeev Singh, Director General, Indian Chamber of Commerce, Kolkata, and other distinguished invitees. I am indeed happy to be a part of this national conference. 2. This conference is very timely for several
જુલાઈ 19, 2012
Remembering Dr. I G Patel
1. There are many privileges of being the Governor. Among them is releasing the books by former Governors. It is a privilege to which I attach a lot of value, something which I prize. Newton 2. Because the occasion demands it, I must repeat what I said at the Reserve Bank’s Platinum Jubilee. 3. Those of you who have had some exposure to the history of science would know that Sir Isaac Newton was an intellectually arrogant man. When his friend and rival, Robert Hooke w
Dr. D. Subbarao, Governor, Reserve Bank of India
1. There are many privileges of being the Governor. Among them is releasing the books by former Governors. It is a privilege to which I attach a lot of value, something which I prize. Newton 2. Because the occasion demands it, I must repeat what I said at the Reserve Bank’s Platinum Jubilee. 3. Those of you who have had some exposure to the history of science would know that Sir Isaac Newton was an intellectually arrogant man. When his friend and rival, Robert Hooke w
જુલાઈ 18, 2012
On Leadership Skills
I thank the students of Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai for inviting me to this Seminar, aptly titled “The CATALYST”. For me, being here, in my Alma Mater, is special, and being the Chief Guest today is therefore doubly special. I am also happy to be sharing with you my thoughts on a subject, which has been close to my heart: Leadership. I remember having studied Transformational Leadership and its Impact on Organisational Climate and Un
Shri V.S. Das, Executive Director, Reserve Bank of India
I thank the students of Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai for inviting me to this Seminar, aptly titled “The CATALYST”. For me, being here, in my Alma Mater, is special, and being the Chief Guest today is therefore doubly special. I am also happy to be sharing with you my thoughts on a subject, which has been close to my heart: Leadership. I remember having studied Transformational Leadership and its Impact on Organisational Climate and Un
જુલાઈ 17, 2012
Statistics in the Reserve Bank of India
Governor Dr. Subbarao, Prof. R. Radhakrishna, Chairman, National Statistical Commission, Dr. Aurel Schubert, Director General, Statistics Department, European Central Bank (ECB), Deputy Governor Dr. Subir Gokarn; other distinguished speakers Prof. J.R. Varma, IIM Ahmedabad, Prof. Probal Chaudhuri, ISI Kolkata and Prof. Amit Bubna, ISB, Hyderabad; Deputy Governors, colleague Executive Directors, distinguished guests from the financial sector and academia, members of th
Shri Deepak Mohanty, Executive Director, Reserve Bank of India
Governor Dr. Subbarao, Prof. R. Radhakrishna, Chairman, National Statistical Commission, Dr. Aurel Schubert, Director General, Statistics Department, European Central Bank (ECB), Deputy Governor Dr. Subir Gokarn; other distinguished speakers Prof. J.R. Varma, IIM Ahmedabad, Prof. Probal Chaudhuri, ISI Kolkata and Prof. Amit Bubna, ISB, Hyderabad; Deputy Governors, colleague Executive Directors, distinguished guests from the financial sector and academia, members of th
જુલાઈ 17, 2012
Statistics and Statistical Analysis in RBI’s Work
Statistics Day at RBI The Statistics Day Conference, held to honour the memory of that doyen of statistics, the late Prof. P. C. Mahalanobis, has become an important event in the Reserve Bank’s annual calendar. Since statistical analysis is a critical input for the Reserve Bank to deliver on its mandate, we have found this annual conference to be a very valuable learning experience. 2. I want to acknowledge the presence here of several leading experts in statistical a
Dr. D. Subbarao, Governor, Reserve Bank of India
Statistics Day at RBI The Statistics Day Conference, held to honour the memory of that doyen of statistics, the late Prof. P. C. Mahalanobis, has become an important event in the Reserve Bank’s annual calendar. Since statistical analysis is a critical input for the Reserve Bank to deliver on its mandate, we have found this annual conference to be a very valuable learning experience. 2. I want to acknowledge the presence here of several leading experts in statistical a
જુલાઈ 16, 2012
Issues in IT Governance
Smt. Meena Hemchandra, Principal CAB, members of CAB faculty and participants; wish you all a very good morning. I thank the Principal for the privilege given to me to address this gathering of CTOs and CIOs of banks, who are responsible for managing information, the most valuable resource for banks today. It is indeed appreciable and thoughtful of the CAB to organize a programme with a theme which has great contemporary relevance. Emergence of Corporate Governance 2.
Shri G Padmanabhan, Executive Director, Reserve Bank of India
Smt. Meena Hemchandra, Principal CAB, members of CAB faculty and participants; wish you all a very good morning. I thank the Principal for the privilege given to me to address this gathering of CTOs and CIOs of banks, who are responsible for managing information, the most valuable resource for banks today. It is indeed appreciable and thoughtful of the CAB to organize a programme with a theme which has great contemporary relevance. Emergence of Corporate Governance 2.

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