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अगस्त 06, 2005
Micro-Finance : Reserve Bank’s Approach*
Friends, I am thankful to the organisers for giving me this opportunity to be amidst this distinguished gathering. Since Dr. Bimal Jalan, a Member of Parliament and my distinguished predecessor, is chairing the session, let me start with his role in the subject of my special address today. The earliest reference to micro-credit in a formal statement of monetary and credit policy of Reserve Bank of India (RBI) was in Dr. Bimal Jalan’s Monetary and Credit Policy Stateme
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Friends, I am thankful to the organisers for giving me this opportunity to be amidst this distinguished gathering. Since Dr. Bimal Jalan, a Member of Parliament and my distinguished predecessor, is chairing the session, let me start with his role in the subject of my special address today. The earliest reference to micro-credit in a formal statement of monetary and credit policy of Reserve Bank of India (RBI) was in Dr. Bimal Jalan’s Monetary and Credit Policy Stateme
फ़रवरी 05, 2004
Agricultural Credit in India: Status, Issues and Future Agenda*
INTRODUCTION: HISTORICAL OVERVIEW O F AGRICULTURAL CREDIT IN INDIA RISK IN INDIAN FARMING Settled agriculture in India has had a long history because of the fertile plains of Northern India irrigated by the Indus, the Ganga-Jamuna river systems and the Brahmaputra in the East. Southern India has its own river systems and has, moreover, been characterised by its impressive history of sophisticated water management systems: perhaps among the most developed historically.
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
INTRODUCTION: HISTORICAL OVERVIEW O F AGRICULTURAL CREDIT IN INDIA RISK IN INDIAN FARMING Settled agriculture in India has had a long history because of the fertile plains of Northern India irrigated by the Indus, the Ganga-Jamuna river systems and the Brahmaputra in the East. Southern India has its own river systems and has, moreover, been characterised by its impressive history of sophisticated water management systems: perhaps among the most developed historically.
नवंबर 21, 2003
Challenges to Monetary Policy in A Global Context
Rakesh Mohan* I. Introduction Recent global developments have transformed the environment in which monetary policy operates, throwing up opportunities as well as challenges. Globalisation has expanded economic interdependence and interaction of countries greatly. This has created the need for greater coordination in terms of the design of appropriate institutional architecture as well as standardisation reflected in the adoption of similar monetary policy approaches.
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
Rakesh Mohan* I. Introduction Recent global developments have transformed the environment in which monetary policy operates, throwing up opportunities as well as challenges. Globalisation has expanded economic interdependence and interaction of countries greatly. This has created the need for greater coordination in terms of the design of appropriate institutional architecture as well as standardisation reflected in the adoption of similar monetary policy approaches.
जुलाई 20, 2001
Credit through Co-Operatives : Some Thoughts

Let me at the outset thank the Chairman and other Executives of the National Co-operative Agricultural & Rural Development Banks’ Federation Ltd. for having invited me here today. The Federation has played a very important role in providing the members a forum for joint consultations and inputs for policy formulation since its inception in 1960. It has also been instrumental in facilitating a series of initiatives for beefing up the co-operative structure by bring

Shri Vepa Kamesam, Deputy Governor, Reserve Bank of India

Let me at the outset thank the Chairman and other Executives of the National Co-operative Agricultural & Rural Development Banks’ Federation Ltd. for having invited me here today. The Federation has played a very important role in providing the members a forum for joint consultations and inputs for policy formulation since its inception in 1960. It has also been instrumental in facilitating a series of initiatives for beefing up the co-operative structure by bring

मई 10, 2001
शहरी सहकारी बैंक भावी सुधारों के लिए कार्यसूची *
शहरी सहकारी बैंक भावी सुधारों के लिए कार्यसूची * चूंकि शहरी सहकारी बैंक वित्तीय प्रणाली का अटूट हिस्सा होते हैं, रिज़र्व बैंक ने इनमें कई सुधार किये हैं। हाल ही की माधव राव समिति, जिसे शहरी सहकारी बैंकों पर उच्चाधिकार प्राप्त समिति भी कहा जाता है, ने शहरी सहकारी बैंकों को लाइसेंसिंग नीति, कमजोर और गैर-लाइसेंस प्राप्त बैंकों के भावी ढांचे, पूंजी पर्याप्तता मानदंडों का अनुप्रयोग, शहरी सहकारी बैंकों के दोहरे नियंत्रण से उभरने वाले विवादों का निपटारा आदि से संबंधित कतिपय
श्री जगदीश कपूर, उप गवर्नर, भारतीय रिज़र्व बैंक
शहरी सहकारी बैंक भावी सुधारों के लिए कार्यसूची * चूंकि शहरी सहकारी बैंक वित्तीय प्रणाली का अटूट हिस्सा होते हैं, रिज़र्व बैंक ने इनमें कई सुधार किये हैं। हाल ही की माधव राव समिति, जिसे शहरी सहकारी बैंकों पर उच्चाधिकार प्राप्त समिति भी कहा जाता है, ने शहरी सहकारी बैंकों को लाइसेंसिंग नीति, कमजोर और गैर-लाइसेंस प्राप्त बैंकों के भावी ढांचे, पूंजी पर्याप्तता मानदंडों का अनुप्रयोग, शहरी सहकारी बैंकों के दोहरे नियंत्रण से उभरने वाले विवादों का निपटारा आदि से संबंधित कतिपय
जनवरी 15, 2001
"India's Economy in the Twenty-First Century: A New Beginning or A False Dawn"

I am grateful to Dr. Kapila Vatsayayan and Shri N.N. Vohra for inviting me to deliver the Dr. C.D.Deshmukh Memorial Lecture today. This annual Lecture in memory of one of India’s most distinguished thinkers and policy makers is a highly prestigious occasion, and one of the highlights of the India International Centre (IIC) calendar of events. When I was first asked, I must confess that I was reluctant as I was not sure whether matters which dominate my professional li

Dr. Bimal Jalan, Governor, Reserve Bank of India

I am grateful to Dr. Kapila Vatsayayan and Shri N.N. Vohra for inviting me to deliver the Dr. C.D.Deshmukh Memorial Lecture today. This annual Lecture in memory of one of India’s most distinguished thinkers and policy makers is a highly prestigious occasion, and one of the highlights of the India International Centre (IIC) calendar of events. When I was first asked, I must confess that I was reluctant as I was not sure whether matters which dominate my professional li

नवंबर 24, 2000
Pension System in India : A Central Banker's Perspective

Mr. Chairman and friends, At the outset I wish to compliment the Asian Development Bank Institute and others who are sponsoring this policy Conference. The Conference is rightly addressing the policy issues as well as practical skills involved in examining and improving the pension systems in South Asian countries. The approach of enabling of sharing of experiences and views among South Asian countries and, with multilateral institutions is commendable. My comments to

Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India

Mr. Chairman and friends, At the outset I wish to compliment the Asian Development Bank Institute and others who are sponsoring this policy Conference. The Conference is rightly addressing the policy issues as well as practical skills involved in examining and improving the pension systems in South Asian countries. The approach of enabling of sharing of experiences and views among South Asian countries and, with multilateral institutions is commendable. My comments to

जून 13, 2000
Changing Role of RBI: Agenda for Attention
Mr. Chairman and friends, I am grateful to the organisers of the Madon Memorial Lecture for inviting me to deliver this Lecture. That the contributions of Shri B.F. Madon are of lasting value is evident from the fact that although, over seventy years have elapsed since he passed away, lectures in his memory are organised, and the response is still overwhelming. There are several reasons why I feel especially elated at my association with this lecture series. First, Ma
Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India
Mr. Chairman and friends, I am grateful to the organisers of the Madon Memorial Lecture for inviting me to deliver this Lecture. That the contributions of Shri B.F. Madon are of lasting value is evident from the fact that although, over seventy years have elapsed since he passed away, lectures in his memory are organised, and the response is still overwhelming. There are several reasons why I feel especially elated at my association with this lecture series. First, Ma
फ़रवरी 15, 2000
Legislation on Fiscal Responsibility and Reserve Bank's Role : Some Issues
Mr. Chairman and friends, I am thankful to Mr. Mathur for giving me this opportunity to participate in this workshop. Mr. Mathur’s letter of invitation stated that "In India there is an urgent need for improved management of national finances", and Reserve Bank of India has been advocating fiscal prudence, especially since the reform process started about a decade ago. The subject is vast and complex, and in this speech, the issues relevant for a legislation on fiscal
Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India
Mr. Chairman and friends, I am thankful to Mr. Mathur for giving me this opportunity to participate in this workshop. Mr. Mathur’s letter of invitation stated that "In India there is an urgent need for improved management of national finances", and Reserve Bank of India has been advocating fiscal prudence, especially since the reform process started about a decade ago. The subject is vast and complex, and in this speech, the issues relevant for a legislation on fiscal
दिसंबर 06, 1999
Finance and Development - Which Way Now?
The Annual Foundation Lecture of this famous College is an important event in our country’s academic calendar. Several of our most distinguished economists, public administrators and thinkers have shared their thoughts with you on this occasion. I feel privileged to have been invited to deliver this year’s lecture. My happiness in being able to join you today has been immeasurably enhanced by the presence of Shri M. Narasimham at this function. Shri Narasimham’s subst
Dr. Bimal Jalan, Governor, Reserve Bank of India
The Annual Foundation Lecture of this famous College is an important event in our country’s academic calendar. Several of our most distinguished economists, public administrators and thinkers have shared their thoughts with you on this occasion. I feel privileged to have been invited to deliver this year’s lecture. My happiness in being able to join you today has been immeasurably enhanced by the presence of Shri M. Narasimham at this function. Shri Narasimham’s subst

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