भाषण और मीडिया से वार्तालाप

1. Year-ends are usually a time for introspection and 2022 clearly offers a lot of food for thought. On the bright side, humanity seems to be finally putting the horrors of Covid behind it. The rest of the story is not so bright. The specter of war and geopolitical tension has reared its head again. We were told in the late 1990s that business cycles were dead and inflation has been conquered. After the financial crisis in advanced economies, the focus shifted to defl

I am delighted to be here with the economists of the Reserve Bank to inaugurate the annual research conference of the Department of Economic and Policy Research (DEPR). This conference is being held after a gap of more than three years. While I have been regularly interacting with many of you individually or in groups to discuss various issues, this is the first time that I am addressing all of you at one place. 2. The economics profession today faces one of its tough

I am happy to have been invited to this Annual FIBAC 2022 Conference. This is an important forum for industry stalwarts, banking practitioners, thought leaders and policymakers to brainstorm on emerging issues. This conference is being held at a time when the global economy is going through a process of churning. Triple shocks of COVID-19, war in Ukraine and the current financial market turmoil have created a toxic mix of factors and circumstances which every country

नमस्कार, ऑस्ट्रेलियन फाइनेंशियल कंप्लेंट्स अथॉरिटी (एएफसीए), ऑस्ट्रेलिया के सीईओ और मुख्य ओम्बड्समैन श्री डेविड लॉक, उप गवर्नर, आरबीआई श्री एम के जैन, कार्यपालक निदेशक, श्री अनिल कुमार शर्मा और श्री एस सी मुर्मू , बैंकों और एनबीएफसी के प्रबंध निदेशक और मुख्य कार्यकारी अधिकारी, श्री गौर गोपाल दास, प्रोफेसर एम एस श्रीराम, ओम्बड्समैन और भारतीय रिज़र्व बैंक के मेरे साथियों। 1. आरबीआई ओम्बड्समैन के इस वार्षिक सम्मेलन, जो कोविड-19 महामारी के कारण तीन वर्ष बाद आयोजित किया जा रहा है, में आप सभी को संबोधित करते हुए मुझे हर्ष का अनुभव हो रहा है। जहाँ एक ओर महामारी ने अपने पीछे कई निशान छोड़े हैं, मुझे कुछ उम्मीद की किरणें दिखाई देती हैं। विशेष रूप से, महामारी के कारण डिजिटलीकरण की दिशा में तेजी आई है और इसने वित्तीय सेवाओं के प्रौद्योगिकी संचालित परिवर्तनों को उत्प्रेरित किया है।

I. Introduction: Indian Financial System- Looking back and looking ahead in the 75th year of Indian Independence Distinguished members of banking fraternity, ladies, and gentlemen It is a privilege to deliver the twelfth memorial lecture honouring the great legacy of late Shri R.K. Talwar. I feel thankful and humbled for this opportunity as an occasion to remember personality like Shri R.K. Talwar given his contribution to the banking industry. India recently celebrat

Hon’ble Prime Minister, Hon’ble Finance Minister, Hon’ble Ministers from the Central Government, Hon’ble Chief Ministers and Ministers from the State Governments, Hon’ble MPs and MLAs, Officers from Central and State Governments, Deputy Governors of RBI, MD&CEOs of Banks, Dignitaries and participants from across the country, Ladies and Gentlemen. 2. It is my proud privilege to welcome the Hon’ble Prime Minister to this event. His presence here is a great source of