भाषण - आरबीआई - Reserve Bank of India
भाषण और इंटरव्यू
भाषण और मीडिया से वार्तालाप
श्री शक्तिकांत दास, आरबीआई गवर्नर द्वारा मौद्रिक नीति वक्तव्य 7 जून 2024
भाषण
जनवरी 11, 2017
भारत में आईएफएससी की कारोबारी क्षमताओं के मैक्रो एवं माइक्रो संचालक - ऊर्जित आर पटेल
A. Introduction 1. We are gathered here today to commemorate the establishment and success of GIFT, India’s first International Financial Services Centre (IFSC) that brings together world class infrastructure, connectivity, people and technology on a single platform for businesses across the world. An all-inclusive and modern economic zone, it offers global firms competitive access to India’s large and burgeoning demand for financial services. 2. International Financi
डॉ. ऊर्जित पटेल, गवर्नर, भारतीय रिज़र्व बैंक
A. Introduction 1. We are gathered here today to commemorate the establishment and success of GIFT, India’s first International Financial Services Centre (IFSC) that brings together world class infrastructure, connectivity, people and technology on a single platform for businesses across the world. An all-inclusive and modern economic zone, it offers global firms competitive access to India’s large and burgeoning demand for financial services. 2. International Financi
पीडीएफ (
नवंबर 28, 2016
भारत में बुनियादी सुविधाओं से जुड़े मुद्दे - एन एस विश्वनाथन
I am happy to be here at ASSOCHAM’s Sixth International Summit on Infrastructure financing. Infrastructure plays a crucial role in economic development of a country. In India, too like many other countries, Infrastructure development is a critical aspect of our growth strategy and therefore, the sector gets the importance from all stakeholders commensurate with that role. As you may be aware, Government has announced the target of Rs 25 trillion (US$ 376.53 billion) i
एन.एस. विश्वनाथन, उप गवर्नर, भारतीय रिज़र्व बैंक
I am happy to be here at ASSOCHAM’s Sixth International Summit on Infrastructure financing. Infrastructure plays a crucial role in economic development of a country. In India, too like many other countries, Infrastructure development is a critical aspect of our growth strategy and therefore, the sector gets the importance from all stakeholders commensurate with that role. As you may be aware, Government has announced the target of Rs 25 trillion (US$ 376.53 billion) i
नवंबर 24, 2016
बैंकिंग में सर्वोत्तम प्रथाओं का पथप्रदर्शक – भारत का रिकॉर्ड – आर. गांधी
Good evening! 2. In the post-crisis era, the international thinking on banking and finance stands fundamentally changed. Not only did the crisis shake the confidence of all stakeholders in the international financial system but also compelled the regulators and policy makers to review whether their policy framework was sound enough to prevent the outbreak of another crisis of a similar magnitude. From the global consultations, emerged newer and more refined norms of p
श्री आर. गांधी, उप गवर्नर, भारतीय रिज़र्व बैंक
Good evening! 2. In the post-crisis era, the international thinking on banking and finance stands fundamentally changed. Not only did the crisis shake the confidence of all stakeholders in the international financial system but also compelled the regulators and policy makers to review whether their policy framework was sound enough to prevent the outbreak of another crisis of a similar magnitude. From the global consultations, emerged newer and more refined norms of p
अक्तूबर 24, 2016
भारत में भुगतान प्रणाली का उद्भव : या यह एक क्रांति है? - आर. गांधी
It gives me great pleasure and pride to be addressing at the Banaras Hindu University, an institution which has been in the service of the nation for 100 years; more so because this institution has been deeply intertwined with freedom movement and freedom leaders like Pandit Madanmohan Malaviya. I am thankful to the Vice Chancellor Prof Tripathi for giving me this opportunity. 2. Today, I intend to discuss with you all about a silent revolution that has been sweeping
श्री आर. गांधी, उप गवर्नर, भारतीय रिज़र्व बैंक
It gives me great pleasure and pride to be addressing at the Banaras Hindu University, an institution which has been in the service of the nation for 100 years; more so because this institution has been deeply intertwined with freedom movement and freedom leaders like Pandit Madanmohan Malaviya. I am thankful to the Vice Chancellor Prof Tripathi for giving me this opportunity. 2. Today, I intend to discuss with you all about a silent revolution that has been sweeping
सितंबर 30, 2016
प्राथमिकताओं का सटीक निर्धारण - एस.एस.मूंदड़ा
At the outset, I would like to thank Ms. Bhattacharya and State Bank of India for inviting me to speak at this important and eagerly awaited event on the annual calendar. It is a privilege to speak before this august gathering. In context of the theme of the conference i.e. “Laying the Foundations for India’s Growth”, I would say that there are reasons to be optimistic on several fronts: Growth, inflation, demography, entrepreneurship, democracy, political stability,
श्री एस.एस. मूंदड़ा, उप गवर्नर, भारतीय रिज़र्व बैंक
At the outset, I would like to thank Ms. Bhattacharya and State Bank of India for inviting me to speak at this important and eagerly awaited event on the annual calendar. It is a privilege to speak before this august gathering. In context of the theme of the conference i.e. “Laying the Foundations for India’s Growth”, I would say that there are reasons to be optimistic on several fronts: Growth, inflation, demography, entrepreneurship, democracy, political stability,
सितंबर 28, 2016
कमजोर वैश्विक परिवेश में वित्तीय स्थिरता - एस.एस.मूंदड़ा
At the outset, I extend a very warm welcome to Dr. Hans Genberg, Executive Director, the SEACEN Centre and all the participants of the 7th SEACEN High Level Seminar for Deputy Governors, Financial Stability and Supervision [DG (FSS)] and the delegates of the 7th Annual SEACEN DG Meeting (FSS). It is, indeed, a matter of great honour and privilege for the Reserve Bank of India to host this Seminar and the Annual Meet. The theme of the seminar, “Financial Stability in a
श्री एस.एस. मूंदड़ा, उप गवर्नर, भारतीय रिज़र्व बैंक
At the outset, I extend a very warm welcome to Dr. Hans Genberg, Executive Director, the SEACEN Centre and all the participants of the 7th SEACEN High Level Seminar for Deputy Governors, Financial Stability and Supervision [DG (FSS)] and the delegates of the 7th Annual SEACEN DG Meeting (FSS). It is, indeed, a matter of great honour and privilege for the Reserve Bank of India to host this Seminar and the Annual Meet. The theme of the seminar, “Financial Stability in a
सितंबर 27, 2016
ब्रिक्स में बांड बाजार विकसित करने की चुनौतियां - आर.गांधी
I. Introduction I notice that the Seminar is on developing bond markets in BRICS. Though bond markets include both the government securities market and the corporate bonds market, I would dwell upon only on corporate debt market. The reason is simple. The government securities market in the BRICS countries have attained a definite positions, whereas the corporate bonds market are at nascent stage. 2. For example, India’s Government securities market - by whatever crit
श्री आर. गांधी, उप गवर्नर, भारतीय रिज़र्व बैंक
I. Introduction I notice that the Seminar is on developing bond markets in BRICS. Though bond markets include both the government securities market and the corporate bonds market, I would dwell upon only on corporate debt market. The reason is simple. The government securities market in the BRICS countries have attained a definite positions, whereas the corporate bonds market are at nascent stage. 2. For example, India’s Government securities market - by whatever crit
सितंबर 24, 2016
भारत में वित्तीय समावेशन-अब तक की यात्रा और भावी दिशा - एस.एस.मूंदड़ा
Shri Santhosh Kumar Gangwarji, Honorable Minister of State for Finance, Government of India; Shri Ashwani Kumar, Chairman, IBA & CMD, Dena Bank; Shri Rajiv Rishi, Deputy Chairman, IBA & CMD, Central Bank of India; Dr. Madnesh Kumar Mishra, JS(DFS) & Mission Director-Financial Inclusion, GOI; delegates to the Workshop; ladies and gentleman! At the outset, I would like to compliment Department of Financial services, GOI and IBA for organizing this workshop o
श्री एस.एस. मूंदड़ा, उप गवर्नर, भारतीय रिज़र्व बैंक
Shri Santhosh Kumar Gangwarji, Honorable Minister of State for Finance, Government of India; Shri Ashwani Kumar, Chairman, IBA & CMD, Dena Bank; Shri Rajiv Rishi, Deputy Chairman, IBA & CMD, Central Bank of India; Dr. Madnesh Kumar Mishra, JS(DFS) & Mission Director-Financial Inclusion, GOI; delegates to the Workshop; ladies and gentleman! At the outset, I would like to compliment Department of Financial services, GOI and IBA for organizing this workshop o
सितंबर 07, 2016
भारतीय बैंकों की आस्ति गुणवत्ता: भावी दिशा - एन.एस.विश्वनाथन
The Indian banks in general, and the Public Sector Banks (PSBs) in particular, are grappling with the huge stock of stressed assets that has piled up in the system over the years. Any amount of discussion on the whys and what of stressed assets would therefore never be enough, if it enables us to discern what led to this phenomenal build-up of non-performing assets (NPAs) in our system and determine what we should do to solve them, and identify what could be done diff
एन.एस. विश्वनाथन, उप गवर्नर, भारतीय रिज़र्व बैंक
The Indian banks in general, and the Public Sector Banks (PSBs) in particular, are grappling with the huge stock of stressed assets that has piled up in the system over the years. Any amount of discussion on the whys and what of stressed assets would therefore never be enough, if it enables us to discern what led to this phenomenal build-up of non-performing assets (NPAs) in our system and determine what we should do to solve them, and identify what could be done diff
सितंबर 07, 2016
सूचना प्रौद्योगिकी और बैंकिंग क्षेत्र में साइबर जोखिम-चिंता की उभरती लकीरें - एस.एस.मूंदड़ा
Good Morning! At the outset, I would like to compliment CAFRAL for organizing this International Seminar on Cyber Risk and Mitigation for banks and FIs, a topic which has assumed centre stage, not only in India but globally. Let me begin by quoting John Chambers, former CEO of CISCO, who famously summed up the significance of cyber risk for the enterprises thus: “There are only two types of organisations, one who have been hacked and others who don’t know that they ha
श्री एस.एस. मूंदड़ा, गवर्नर, भारतीय रिज़र्व बैंक
Good Morning! At the outset, I would like to compliment CAFRAL for organizing this International Seminar on Cyber Risk and Mitigation for banks and FIs, a topic which has assumed centre stage, not only in India but globally. Let me begin by quoting John Chambers, former CEO of CISCO, who famously summed up the significance of cyber risk for the enterprises thus: “There are only two types of organisations, one who have been hacked and others who don’t know that they ha
सितंबर 03, 2016
केंद्रीय बैंक की आजादी - रघुराम जी.राजन
Good afternoon. It is great to be invited to speak at St. Stephen's College. In 1980, I toyed with the idea of joining my best friends in applying for admission to the BA in Economics here. Because I had worked so hard for the IIT exam, however, I succumbed to the sunk cost fallacy and studied Electrical Engineering. I don’t regret a moment of that misspent youth but I hope you will grant me temporary membership of your club today! Over the last few weeks, I have outl
डॉ. रघुराम जी. राजन, गवर्नर, भारतीय रिज़र्व बैंक
Good afternoon. It is great to be invited to speak at St. Stephen's College. In 1980, I toyed with the idea of joining my best friends in applying for admission to the BA in Economics here. Because I had worked so hard for the IIT exam, however, I succumbed to the sunk cost fallacy and studied Electrical Engineering. I don’t regret a moment of that misspent youth but I hope you will grant me temporary membership of your club today! Over the last few weeks, I have outl
अगस्त 26, 2016
हमारे कर्ज बाजारों को मजबूती प्रदान करना - रघुराम जी राजन
Thank you for inviting me to speak to FEDAI. In the last few weeks, in successive speeches, I have outlined the RBI’s approach to inflation, distressed debt, financial inclusion, and banking sector reform. I want to speak today about debt markets and associated derivatives; why we need them to be deep and liquid, why, in addition to central and state governments, we need riskier firms and projects to be able to access the bond markets for funds, why we need to encoura
डॉ. रघुराम जी. राजन, गवर्नर, भारतीय रिज़र्व बैंक
Thank you for inviting me to speak to FEDAI. In the last few weeks, in successive speeches, I have outlined the RBI’s approach to inflation, distressed debt, financial inclusion, and banking sector reform. I want to speak today about debt markets and associated derivatives; why we need them to be deep and liquid, why, in addition to central and state governments, we need riskier firms and projects to be able to access the bond markets for funds, why we need to encoura
अगस्त 24, 2016
बैंकिंग क्षेत्र सुधार: गंतव्य नहीं, एक यात्रा है - एस.एस.मूंदड़ा
Dignitaries on the dais; colleagues from the banking and financial sector; members of the print and electronic media; ladies and gentlemen! At the outset I thank the Management of the Governance Now, one of the country’s leading publications shaping the public opinion on governance and public policy, for inviting me to deliver the inaugural address at this India Banking Reforms Conclave 2016. I feel this conclave comes at a very important juncture for the economy and
श्री एस.एस. मूंदड़ा, उप गवर्नर, भारतीय रिज़र्व बैंक
Dignitaries on the dais; colleagues from the banking and financial sector; members of the print and electronic media; ladies and gentlemen! At the outset I thank the Management of the Governance Now, one of the country’s leading publications shaping the public opinion on governance and public policy, for inviting me to deliver the inaugural address at this India Banking Reforms Conclave 2016. I feel this conclave comes at a very important juncture for the economy and
अगस्त 23, 2016
एमएसएमई उधार की एबीसीडी- एस.एस.मुंदड़ा
Thank you for inviting me to deliver the keynote address at this second edition of the Conference on MSME Funding. I compliment the CII for having chosen a very relevant theme for the Conference ‘Propelling MSME Growth through Enhanced Financial Access and Support’. The theme lays emphasis on two crucial pillars that are pertinent for the sector i.e. enhancing financial access and ensuring adequate support to enable MSMEs to attain faster growth. 2. It is universally
श्री एस.एस. मूंदड़ा, उप गवर्नर, भारतीय रिज़र्व बैंक
Thank you for inviting me to deliver the keynote address at this second edition of the Conference on MSME Funding. I compliment the CII for having chosen a very relevant theme for the Conference ‘Propelling MSME Growth through Enhanced Financial Access and Support’. The theme lays emphasis on two crucial pillars that are pertinent for the sector i.e. enhancing financial access and ensuring adequate support to enable MSMEs to attain faster growth. 2. It is universally
अगस्त 18, 2016
बैंकिंग के नए प्रतिमान-बैंकिंग आवश्यक है किन्तु बैंक नहीं-क्या सचमुच?- आर गांधी
“Banking is necessary, but banks are not”, I am quoting here Bill Gates, what he said as Chairman, Microsoft, way back in 1994. Today, after twenty two years, has his prediction or forewarning come true? I intend to explore this in today’s discussion with you. 2. It is usual for many of us who lecture others to say ‘We are at cross roads’, ‘The Paradigm shifts that are staring us’ etc. That’s because it takes time to discern the trends that are taking place in any sec
श्री आर. गांधी, उप गवर्नर, भारतीय रिज़र्व बैंक
“Banking is necessary, but banks are not”, I am quoting here Bill Gates, what he said as Chairman, Microsoft, way back in 1994. Today, after twenty two years, has his prediction or forewarning come true? I intend to explore this in today’s discussion with you. 2. It is usual for many of us who lecture others to say ‘We are at cross roads’, ‘The Paradigm shifts that are staring us’ etc. That’s because it takes time to discern the trends that are taking place in any sec
अगस्त 16, 2016
आज के भारत में बैंकिंग-रोचक, लाभदायक एवं चुनौतीपूर्ण - रघुराम जी राजन
Thank you for inviting me to give this address to the FICCI-IBA Annual Global Banking Conference. Perhaps the most important issue on the minds of bankers, given the results season, is the Asset Quality Review initiated in early 2015-16. It has improved recognition of NPAs and provisioning in banks enormously, and many of you have fully imbibed the spirit of the review. Some banks have taken significant steps in recognizing incipient stress early. Now focus should mov
डॉ. रघुराम जी. राजन, गवर्नर, भारतीय रिज़र्व बैंक
Thank you for inviting me to give this address to the FICCI-IBA Annual Global Banking Conference. Perhaps the most important issue on the minds of bankers, given the results season, is the Asset Quality Review initiated in early 2015-16. It has improved recognition of NPAs and provisioning in banks enormously, and many of you have fully imbibed the spirit of the review. Some banks have taken significant steps in recognizing incipient stress early. Now focus should mov
अगस्त 16, 2016
Banking Horizon: Clouds & Silver Linings - presentation by S. S. Mundra, Deputy Governor - August 16, 2016 - at the FIBAC 2016 organized jointly by IBA and FICCI BCSBI, Mumbai
Shri S. S. Mundra, Deputy Governor, Reserve Bank of India
जुलाई 29, 2016
लक्षित आक्रमण: देश की महत्वपूर्ण मूलभूत सुविधाओं का संरक्षण और क्षमता निर्माण-आर गांधी
I am indeed glad to be present here today as we conclude the deliberations on an important topical area – pertaining to cyber security and protection of critical infrastructure from cyber threats, coupled with capacity building in this crucial area of importance. I must congratulate the organisers on having chosen the theme of this summit, given the concerns emanating from cyber security related incidents. 2. We are at a critical juncture in the world of today which i
श्री आर. गांधी, उप गवर्नर, भारतीय रिज़र्व बैंक
I am indeed glad to be present here today as we conclude the deliberations on an important topical area – pertaining to cyber security and protection of critical infrastructure from cyber threats, coupled with capacity building in this crucial area of importance. I must congratulate the organisers on having chosen the theme of this summit, given the concerns emanating from cyber security related incidents. 2. We are at a critical juncture in the world of today which i
जुलाई 26, 2016
नीति और साक्ष्य - रघुराम जी राजन
Good morning. It is a pleasure to welcome learned statisticians and economists from across the world to this Statistics Day celebration at the RBI. I am sure you will spend the day discussing advances in the fields of economics and statistics. These discussions will be very valuable. We certainly need to improve the quality and timeliness of our statistics, and big data can be very helpful. What I want to talk about this morning is, however, not the quality or timelin
डॉ. रघुराम जी. राजन, गवर्नर, भारतीय रिज़र्व बैंक
Good morning. It is a pleasure to welcome learned statisticians and economists from across the world to this Statistics Day celebration at the RBI. I am sure you will spend the day discussing advances in the fields of economics and statistics. These discussions will be very valuable. We certainly need to improve the quality and timeliness of our statistics, and big data can be very helpful. What I want to talk about this morning is, however, not the quality or timelin
जुलाई 19, 2016
सूचना प्रोद्योगिकी- बैंकों के लिए हस्त-प्राण -आर गांधी
Honourable Governor Dr Raghuram Rajan, members of the Governing Council of IDRBT, Chiefs of banks, Heads of IT departments of banks, Director, IDRBT, Faculty members, students, Ladies and Gentlemen. It gives me great pleasure to be present at the 12th IDRBT Banking Technology Awards. 2. I am glad to be back to be directly dealing with the subject of technology yet another time. I have the unique honour of having been and being associated with IDRBT in every possible r
श्री आर. गांधी, उप गवर्नर, भारतीय रिज़र्व बैंक
Honourable Governor Dr Raghuram Rajan, members of the Governing Council of IDRBT, Chiefs of banks, Heads of IT departments of banks, Director, IDRBT, Faculty members, students, Ladies and Gentlemen. It gives me great pleasure to be present at the 12th IDRBT Banking Technology Awards. 2. I am glad to be back to be directly dealing with the subject of technology yet another time. I have the unique honour of having been and being associated with IDRBT in every possible r
जुलाई 18, 2016
आईडीआरबीटी बैकिंग प्रौद्योगिकी उत्कृष्टता पुरस्कार: टीका - रघुराम जी राजन
I congratulate all the awardees of the IDRBT Banking Technology Excellence Awards. IDRBT instituted these Awards in the year 2001, which reflects the long road traversed by the banking sector in terms of technology adoption. The last few years have seen the convergence of various factors in the payment systems sphere, which makes possible a near-revolutionary improvement in financial access. Unless we take concerted steps to address some of the challenges, however, th
डॉ. रघुराम जी. राजन, गवर्नर, भारतीय रिज़र्व बैंक
I congratulate all the awardees of the IDRBT Banking Technology Excellence Awards. IDRBT instituted these Awards in the year 2001, which reflects the long road traversed by the banking sector in terms of technology adoption. The last few years have seen the convergence of various factors in the payment systems sphere, which makes possible a near-revolutionary improvement in financial access. Unless we take concerted steps to address some of the challenges, however, th
जुलाई 18, 2016
वित्तीय समावेशन के बदलते प्रतिमान - रघुराम जी राजन
Thank you for inviting me to address this seminar on equity, access, and inclusion. Financial inclusion is about (a) the broadening of financial services to those people and enterprises who do not have access to financial services sector ; (b) the deepening of financial services for those who have minimal financial services; and (c) greater financial literacy and consumer protection so that those who are offered financial products can make appropriate choices. The imp
डॉ. रघुराम जी. राजन, गवर्नर, भारतीय रिज़र्व बैंक
Thank you for inviting me to address this seminar on equity, access, and inclusion. Financial inclusion is about (a) the broadening of financial services to those people and enterprises who do not have access to financial services sector ; (b) the deepening of financial services for those who have minimal financial services; and (c) greater financial literacy and consumer protection so that those who are offered financial products can make appropriate choices. The imp
जून 22, 2016
बैंकिंग प्रणाली में दबाव समाप्त करने का संकल्प - रघुराम जी राजन
Thank you very much for inviting me to give this talk. Ordinarily, in a city like Bengaluru, we would talk about startups. Today, however, I want to talk about the resolution of financial distress. I will argue that the slowdown in credit growth has been largely because of stress in the public sector banking and not because of high interest rates. As such, what is required is a clean-up of the balance sheets of public sector banks, which is what is underway and needs
डॉ. रघुराम जी. राजन, गवर्नर, भारतीय रिज़र्व बैंक
Thank you very much for inviting me to give this talk. Ordinarily, in a city like Bengaluru, we would talk about startups. Today, however, I want to talk about the resolution of financial distress. I will argue that the slowdown in credit growth has been largely because of stress in the public sector banking and not because of high interest rates. As such, what is required is a clean-up of the balance sheets of public sector banks, which is what is underway and needs
जून 21, 2016
विदेशी मुद्रा बाज़ार एवं विदेशी लेनदेन : कुछ यादृच्छिक चिंतन – हारून आर गांधी
Shri C. Venkat Nageshwar, Chairman, Foreign Exchange Dealers Association of India (FEDAI), Shri Ravi Sinha, Acting Consul General of India in Hong Kong, Shri D. G. Patwardhan, outgoing CEO of FEDAI, Shri Ashwani Sindhwani, incoming CEO of FEDAI, distinguished speakers and panellists and delegates to the Conference. It is a great pleasure to be here today in this modern city of Hong Kong which Wikipedia describes as world's most competitive economy, the world's most vi
श्री हरुण आर खान, उप गवर्नर, भारतीय रिज़र्व बैंक
Shri C. Venkat Nageshwar, Chairman, Foreign Exchange Dealers Association of India (FEDAI), Shri Ravi Sinha, Acting Consul General of India in Hong Kong, Shri D. G. Patwardhan, outgoing CEO of FEDAI, Shri Ashwani Sindhwani, incoming CEO of FEDAI, distinguished speakers and panellists and delegates to the Conference. It is a great pleasure to be here today in this modern city of Hong Kong which Wikipedia describes as world's most competitive economy, the world's most vi
जून 20, 2016
महंगाई के विरुद्ध संघर्ष : हमारे संस्थागत विकास का उपाय - रघुराम जी राजन
I thank the Tata Institute of Fundamental Research for inviting me to give this Foundation Day lecture. I have always seen TIFR with awe from afar. Some explanation is in order. My roommate in my first year at MIT was Dr. Renganathan Iyer, who is one of the smartest mathematicians I know – he used to help me understand my tutorials in real analysis. And he never missed an occasion to tell me how much smarter everyone else at TIFR was. Perhaps Renga was being modest, b
डॉ. रघुराम जी. राजन, गवर्नर, भारतीय रिज़र्व बैंक
I thank the Tata Institute of Fundamental Research for inviting me to give this Foundation Day lecture. I have always seen TIFR with awe from afar. Some explanation is in order. My roommate in my first year at MIT was Dr. Renganathan Iyer, who is one of the smartest mathematicians I know – he used to help me understand my tutorials in real analysis. And he never missed an occasion to tell me how much smarter everyone else at TIFR was. Perhaps Renga was being modest, b
मई 26, 2016
चीन की मंदी का सार्क क्षेत्र एवं नीतिगत विकल्पों पर प्रभाव - रघुराम जी.राजन
It is indeed a pleasure to be here this morning. Let me welcome our guests of honour from the seven other SAARC countries; especially Mr. Arjun Mahendran in his capacity as the present SAARCFINANCE Chair as also Mr. Fazle Kabir, the Bangladesh Bank Governor and Mr. Dasho Penjore, Governor Royal Monetary Authority of Bhutan who will be attending the SAARCFINANCE event for the first time. I welcome our distinguished guests, including our invitees from the IMF and the BI
डॉ. रघुराम जी. राजन, गवर्नर, भारतीय रिज़र्व बैंक
It is indeed a pleasure to be here this morning. Let me welcome our guests of honour from the seven other SAARC countries; especially Mr. Arjun Mahendran in his capacity as the present SAARCFINANCE Chair as also Mr. Fazle Kabir, the Bangladesh Bank Governor and Mr. Dasho Penjore, Governor Royal Monetary Authority of Bhutan who will be attending the SAARCFINANCE event for the first time. I welcome our distinguished guests, including our invitees from the IMF and the BI
मई 23, 2016
बैंकों में ग्राहक सेवा : विक्रेता सावधान - एस. एस. मूंदडा
Introduction Shri C. Krishnan, Member, Governing Council, Banking Codes and Standards Board of India (BCSBI); Shri Anand Aras, CEO, BCSBI; colleagues from the banking community, representatives from the media; ladies and gentlemen! At the outset, I would like to thank BCSBI for inviting me to inaugurate this annual conference of the Principal Code Compliance Officers (PCCOs) in the banks. Over the years, BCSBI has been instrumental in driving improvement in level of s
श्री एस.एस. मूंदड़ा, गवर्नर, भारतीय रिज़र्व बैंक
Introduction Shri C. Krishnan, Member, Governing Council, Banking Codes and Standards Board of India (BCSBI); Shri Anand Aras, CEO, BCSBI; colleagues from the banking community, representatives from the media; ladies and gentlemen! At the outset, I would like to thank BCSBI for inviting me to inaugurate this annual conference of the Principal Code Compliance Officers (PCCOs) in the banks. Over the years, BCSBI has been instrumental in driving improvement in level of s
मई 18, 2016
वित्तीय नवोन्मेष का विनियमन: पी2पी उधार प्लेटफार्म डिजाइन की चुनौतियां - आर गांधी
I am very happy to be addressing this Conclave to debate the Discussion Paper that the Reserve Bank has recently presented for public discourse on regulating the Peer to Peer Lending Platforms. Let me first explain the rationale for financial regulation in general and regulation on financial innovations in particular. Let me also discuss the different approaches that the Reserve Bank had employed in the past in dealing with financial innovations and finally the challe
श्री आर. गांधी, उप गवर्नर, भारतीय रिज़र्व बैंक
I am very happy to be addressing this Conclave to debate the Discussion Paper that the Reserve Bank has recently presented for public discourse on regulating the Peer to Peer Lending Platforms. Let me first explain the rationale for financial regulation in general and regulation on financial innovations in particular. Let me also discuss the different approaches that the Reserve Bank had employed in the past in dealing with financial innovations and finally the challe
मई 12, 2016
Rethinking the Global Monetary System: Talk by Dr. Raghuram G. Rajan, Governor, Reserve Bank of India, at the London School of Economics, May 10, 2016
Dr. Raghuram G. Rajan, Governor, Reserve Bank of India
मई 07, 2016
पैसा और शिक्षा- रघुराम जी राजन
Thanks very much for inviting me to speak today. First, congratulations to all of you who are receiving degrees today. Congratulations also to your teachers, family, and friends who have invested in you and supported you. Convocation speeches are meant to give you one last set of issues to ponder on before you are let loose on the world. I will actually talk about two issues – an economic point deriving from my training as an economist, and a point about private unive
डॉ. रघुराम जी. राजन, गवर्नर, भारतीय रिज़र्व बैंक
Thanks very much for inviting me to speak today. First, congratulations to all of you who are receiving degrees today. Congratulations also to your teachers, family, and friends who have invested in you and supported you. Convocation speeches are meant to give you one last set of issues to ponder on before you are let loose on the world. I will actually talk about two issues – an economic point deriving from my training as an economist, and a point about private unive
अप्रैल 29, 2016
भारत में आस्ति गुणवत्ता की चुनौती:लक्षण और निदान-एस.एस.मूंदडा
Shri Rashesh Shah, Chairman and CEO - Edelweiss Group; members of the finance fraternity; delegates to the Conclave; ladies and gentlemen! It is indeed a pleasure to be here this morning. In my address, I primarily intend to focus on some of the contemporary issues around our banking sector that have come to dominate news rooms, court rooms, board rooms and drawing rooms alike. I am hinting at loud vilification of bankers and promoters without distinguishing between t
श्री एस.एस. मूंदड़ा, उप गवर्नर, भारतीय रिज़र्व बैंक
Shri Rashesh Shah, Chairman and CEO - Edelweiss Group; members of the finance fraternity; delegates to the Conclave; ladies and gentlemen! It is indeed a pleasure to be here this morning. In my address, I primarily intend to focus on some of the contemporary issues around our banking sector that have come to dominate news rooms, court rooms, board rooms and drawing rooms alike. I am hinting at loud vilification of bankers and promoters without distinguishing between t
अप्रैल 29, 2016
हरित वित्त-सुरुआती पहल-आर गांधी
Friends, 2. Recognition is growing of the pressing challenge of financing sustainable development, and the opportunity it offers for channeling financial capital to productive, profitable and more broadly beneficial uses. The year 2016 is set to be the year of green finance. Across the world, we are seeing a growing number of countries aligning their financial systems with the sustainability imperative. We welcome this new green finance initiative. 3. In this context,
श्री आर. गांधी, उप गवर्नर, भारतीय रिज़र्व बैंक
Friends, 2. Recognition is growing of the pressing challenge of financing sustainable development, and the opportunity it offers for channeling financial capital to productive, profitable and more broadly beneficial uses. The year 2016 is set to be the year of green finance. Across the world, we are seeing a growing number of countries aligning their financial systems with the sustainability imperative. We welcome this new green finance initiative. 3. In this context,
अप्रैल 26, 2016
सरकारी क्षेत्र के बैंकों के बीच एकीकरण-आर गांधी
At present banking system in India is evolving with a mixture of bank types serving different segments of the economy. In the last few years, the system has seen entry of new banks and emergence of new bank types targeted to serve niche segments of the society. However, banking system continues to be dominated by Public Sector Banks (PSBs) which still have more than 70 per cent market share of the banking system assets. At present there are 27 PSBs with varying sizes.
श्री आर. गांधी, उप गवर्नर, भारतीय रिज़र्व बैंक
At present banking system in India is evolving with a mixture of bank types serving different segments of the economy. In the last few years, the system has seen entry of new banks and emergence of new bank types targeted to serve niche segments of the society. However, banking system continues to be dominated by Public Sector Banks (PSBs) which still have more than 70 per cent market share of the banking system assets. At present there are 27 PSBs with varying sizes.
अप्रैल 20, 2016
शब्द महत्वपूर्ण है क्या उनके आशय वहीं है- रघुराम जी राजन
Congratulations to the graduating class, to their professors, and to their proud parents, siblings and friends. If you are typical, you are happy to be leaving university and embarking on a new journey, sad to be leaving familiar settings behind, and worried whether you will measure up to the challenges of wherever you are going for work or higher studies. You are also concerned about whether you have taken, or will take, the right next step. This is all perfectly nor
डॉ. रघुराम जी. राजन, गवर्नर, भारतीय रिज़र्व बैंक
Congratulations to the graduating class, to their professors, and to their proud parents, siblings and friends. If you are typical, you are happy to be leaving university and embarking on a new journey, sad to be leaving familiar settings behind, and worried whether you will measure up to the challenges of wherever you are going for work or higher studies. You are also concerned about whether you have taken, or will take, the right next step. This is all perfectly nor
अप्रैल 19, 2016
भारतीय कर्जबाजार 2020:आधार और भावी दिशा- हारून आर खान
Shri N. S. Venkatesh, Executive Director, IDBI Bank & Chairman, FIMMDA, Shri B. Prasanna, Chairman PDAI, senior colleagues from the banking fraternity, delegates from India & UK, ladies and gentlemen. It is my pleasure to be part of the Annual FIMMDA-PDAI Conference being held in one of the leading financial centres of the world. London is home of one of the world’s oldest central banks and epitomizes the intellectual churning that has happened internationally
श्री हरुण आर खान, उप गवर्नर, भारतीय रिज़र्व बैंक
Shri N. S. Venkatesh, Executive Director, IDBI Bank & Chairman, FIMMDA, Shri B. Prasanna, Chairman PDAI, senior colleagues from the banking fraternity, delegates from India & UK, ladies and gentlemen. It is my pleasure to be part of the Annual FIMMDA-PDAI Conference being held in one of the leading financial centres of the world. London is home of one of the world’s oldest central banks and epitomizes the intellectual churning that has happened internationally
अप्रैल 07, 2016
सूक्ष्म,लघु एवं मध्यम उद्यमों (एमएसएमई) को समर्थ बनाना:समस्याएं एवं चुनौतियां- एस.एस.मूंदडा
Shri Rajkumar Dhoot, Member of Parliament; Shri K.K. Jalan, Secretary, Ministry of MSME, Govt. of India; Shri Ashwani Kumar Chairman, Indian Banks’ Association & CMD, Dena Bank; Dr. Kshatrapati Shivaji, Chairman & Managing Director, SIDBI; Shri Sunil Kanoria, President, Assocham; dignitaries on the dais; distinguished colleagues from the banking fraternity; members of Assocham; representatives of the print and electronic media; ladies and gentlemen! Bringing t
श्री एस.एस. मूंदड़ा, गवर्नर, भारतीय रिज़र्व बैंक
Shri Rajkumar Dhoot, Member of Parliament; Shri K.K. Jalan, Secretary, Ministry of MSME, Govt. of India; Shri Ashwani Kumar Chairman, Indian Banks’ Association & CMD, Dena Bank; Dr. Kshatrapati Shivaji, Chairman & Managing Director, SIDBI; Shri Sunil Kanoria, President, Assocham; dignitaries on the dais; distinguished colleagues from the banking fraternity; members of Assocham; representatives of the print and electronic media; ladies and gentlemen! Bringing t
मार्च 16, 2016
वैश्विक आर्थिक संकट: भारतीय अर्थव्यवस्था पर प्रभाव और आगे की राह - हारून आर खान
It is a pleasure to be here amongst the captains of Indian Industries who drive India’s growth amidst global uncertainty and economic slowdown. I thank the organisers for allowing me to share my thoughts on a topic which is quite relevant in the current context. 2. While preparing myself for today’s discussion, I was not very sure whether the current global economic situation warrants the characterisation as “turmoil”. Turmoil is defined as “a state of great disturban
श्री हरुण आर खान, उप गवर्नर, भारतीय रिज़र्व बैंक
It is a pleasure to be here amongst the captains of Indian Industries who drive India’s growth amidst global uncertainty and economic slowdown. I thank the organisers for allowing me to share my thoughts on a topic which is quite relevant in the current context. 2. While preparing myself for today’s discussion, I was not very sure whether the current global economic situation warrants the characterisation as “turmoil”. Turmoil is defined as “a state of great disturban
मार्च 12, 2016
मौद्रिक गेम के नियम की ओर- रघुराम जी. राजन
There are few areas of robust growth around the world, with the IMF repeatedly reducing its growth forecasts in recent quarters. This period of slow growth is particularly dangerous because both industrial countries and a number of emerging markets need high growth to quell rising domestic political tensions. Policies that attempt to divert growth from others rather than create new growth, or that create growth while fostering instability elsewhere, are more likely un
डॉ. रघुराम जी. राजन, गवर्नर, भारतीय रिज़र्व बैंक
There are few areas of robust growth around the world, with the IMF repeatedly reducing its growth forecasts in recent quarters. This period of slow growth is particularly dangerous because both industrial countries and a number of emerging markets need high growth to quell rising domestic political tensions. Policies that attempt to divert growth from others rather than create new growth, or that create growth while fostering instability elsewhere, are more likely un
मार्च 12, 2016
वैश्विक अर्थव्यवस्था में भारत- रघुराम जी. राजन
Thank you for inviting me to deliver the first Ramnath Goenka lecture. As you know, Shri Goenka was a freedom fighter, who built the Indian Express into a national newspaper. In his time, it was arguably the best investigative newspaper in the country. He was instrumental in highlighting the excesses of the Emergency, which probably contributed to Indira Gandhi’s defeat when she lifted it. He continued to be a tireless scourge of corruption and government high-handedn
डॉ. रघुराम जी. राजन, गवर्नर, भारतीय रिज़र्व बैंक
Thank you for inviting me to deliver the first Ramnath Goenka lecture. As you know, Shri Goenka was a freedom fighter, who built the Indian Express into a national newspaper. In his time, it was arguably the best investigative newspaper in the country. He was instrumental in highlighting the excesses of the Emergency, which probably contributed to Indira Gandhi’s defeat when she lifted it. He continued to be a tireless scourge of corruption and government high-handedn
फ़रवरी 11, 2016
बैंकिंग के वर्तमान मुद्दे-रघुराम जी.राजन
Thank you for inviting me here today. In a country that is growing at above 7 percent, is brimming with entrepreneurial zeal, has a young population which has grown up with mobile technology, one would think that the banking sector would be buoyant. Yet the recent decline in bank share prices has investors on the edge. Of course, part of the reason is that markets are in turmoil. Some of the greater decline of bank share prices can therefore be explained by the fact t
डॉ. रघुराम जी. राजन, गवर्नर, भारतीय रिज़र्व बैंक
Thank you for inviting me here today. In a country that is growing at above 7 percent, is brimming with entrepreneurial zeal, has a young population which has grown up with mobile technology, one would think that the banking sector would be buoyant. Yet the recent decline in bank share prices has investors on the edge. Of course, part of the reason is that markets are in turmoil. Some of the greater decline of bank share prices can therefore be explained by the fact t
फ़रवरी 11, 2016
Asset Resolution & Managing NPAs – What, Why and How?
Shri S. S. Mundra, Deputy Governor, Reserve Bank of India
फ़रवरी 10, 2016
ग्रामीण सहकारी समितियां: स्थिति पुनर्निर्धारण- आर.गांधी
I am glad to be addressing you all at this National Conference on Cooperative Banks – Regaining Leadership in this historic city of Lucknow. It is a very contemporary issue. Actually, it is an ever-green issue for the past over a century or so. You only need to recall the famous saying by the All India Rural Credit Survey of 1951 “Cooperation has failed. But, cooperation must succeed”. That showed that cooperation had a chequered history in India, with several ebbs an
श्री आर. गांधी, उप गवर्नर, भारतीय रिज़र्व बैंक
I am glad to be addressing you all at this National Conference on Cooperative Banks – Regaining Leadership in this historic city of Lucknow. It is a very contemporary issue. Actually, it is an ever-green issue for the past over a century or so. You only need to recall the famous saying by the All India Rural Credit Survey of 1951 “Cooperation has failed. But, cooperation must succeed”. That showed that cooperation had a chequered history in India, with several ebbs an
फ़रवरी 05, 2016
भारतीय बैंकिंग क्षेत्र: भविष्य में झांकना- एस.एस.मूंदड़ा
Dr. K. C. Chakrabarty, Former Deputy Governor, Reserve Bank of India; Smt. Chanda Kochhar, MD and CEO, ICICI Bank Limited; Shri Aditya Puri, MD, HDFC Bank Limited; Shri B. Sriram, Managing Director, State Bank of India; Shri P.S. Jayakumar, MD and CEO, Bank of Baroda; Shri Uday Kotak, Ex- VC and MD, Kotak Mahindra Bank; other senior colleagues from the banking and financial sector; members of the print and electronic media; ladies and gentlemen! 2. At the outset, I th
श्री एस.एस. मूंदड़ा, उप गवर्नर, भारतीय रिज़र्व बैंक
Dr. K. C. Chakrabarty, Former Deputy Governor, Reserve Bank of India; Smt. Chanda Kochhar, MD and CEO, ICICI Bank Limited; Shri Aditya Puri, MD, HDFC Bank Limited; Shri B. Sriram, Managing Director, State Bank of India; Shri P.S. Jayakumar, MD and CEO, Bank of Baroda; Shri Uday Kotak, Ex- VC and MD, Kotak Mahindra Bank; other senior colleagues from the banking and financial sector; members of the print and electronic media; ladies and gentlemen! 2. At the outset, I th
फ़रवरी 05, 2016
वित्तीय स्थिरता- मुद्दे और सरोकार: क्या हम सही स्थान पर लक्ष्य कर रहे हैं?- आर गांधी
It’s indeed a pleasure to inaugurate this Conference on ‘Financial stability, credit distress and Economic Growth: The way forward’ organized under the aegis of the Union Bank – Great Lakes Center for Excellence in Banking and Finance. I am happy to note that this is a collaborative effort by banking and academic and research institutions. As I will explain, the selected topic of the conference is not just on an apt and very contemporary issue, it also needs theoretic
श्री आर. गांधी, उप गवर्नर, भारतीय रिज़र्व बैंक
It’s indeed a pleasure to inaugurate this Conference on ‘Financial stability, credit distress and Economic Growth: The way forward’ organized under the aegis of the Union Bank – Great Lakes Center for Excellence in Banking and Finance. I am happy to note that this is a collaborative effort by banking and academic and research institutions. As I will explain, the selected topic of the conference is not just on an apt and very contemporary issue, it also needs theoretic
फ़रवरी 04, 2016
भारत में निर्बाँध उद्यम को मजबूत बनाना- रघुराम जी.राजन
I did not have the privilege of meeting Nani Palkhivala, but every citizen of India has been affected in some way by his life’s work, and owes him a debt of gratitude. Born in 1920, Mr. Palkhivala was not only a jurist of the highest caliber, he was also a tireless champion of constitutional liberties, of human rights and individual freedom, and of economic freedom. Nani Palkhivala fought the Kesavananda Bharati case that established the principle that the Indian Parl
डॉ. रघुराम जी. राजन, गवर्नर, भारतीय रिज़र्व बैंक
I did not have the privilege of meeting Nani Palkhivala, but every citizen of India has been affected in some way by his life’s work, and owes him a debt of gratitude. Born in 1920, Mr. Palkhivala was not only a jurist of the highest caliber, he was also a tireless champion of constitutional liberties, of human rights and individual freedom, and of economic freedom. Nani Palkhivala fought the Kesavananda Bharati case that established the principle that the Indian Parl
जनवरी 29, 2016
वित्तीय सुधार-कल और आज- रघुराम जी.राजन
I thank Shekhar Shah for inviting me to deliver the C.D. Deshmukh lecture at NCAER. Sir Chintaman Dwarakanath Deshmukh, an ICS officer, was truly a giant of modern India. In 1943, he was the first Indian, as well as the youngest in its history to date, to be appointed the Governor of the Reserve Bank of India. He subsequently served as the Finance Minister in the Union Cabinet. It was during this time that he also became a founding member of the Governing Body of NCAE
डॉ. रघुराम जी. राजन, गवर्नर, भारतीय रिज़र्व बैंक
I thank Shekhar Shah for inviting me to deliver the C.D. Deshmukh lecture at NCAER. Sir Chintaman Dwarakanath Deshmukh, an ICS officer, was truly a giant of modern India. In 1943, he was the first Indian, as well as the youngest in its history to date, to be appointed the Governor of the Reserve Bank of India. He subsequently served as the Finance Minister in the Union Cabinet. It was during this time that he also became a founding member of the Governing Body of NCAE
जनवरी 29, 2016
भारतीय बैकिंग क्षेत्र के लिए अनुसंधान की अनिवार्यता- एस.एस.मुंदड़ा
Introduction Dr. J. Mahender Reddy, Vice Chancellor, ICFAI Foundation for Higher Education (IFHE) University; Shri S.V. Seshaiah, Director, IBS, Hyderabad; members of faculty from Gokhale Institute of Politics and Economics, Pune and IBS, Hyderabad; Delegates of the Research Conference; ladies and gentlemen ! I am grateful to Gokhale Institute of Politics and Economics, Pune and IBS, Hyderabad for inviting me to deliver the inaugural address at the 1st Banking Researc
श्री एस.एस. मूंदड़ा, उप गवर्नर, भारतीय रिज़र्व बैंक
Introduction Dr. J. Mahender Reddy, Vice Chancellor, ICFAI Foundation for Higher Education (IFHE) University; Shri S.V. Seshaiah, Director, IBS, Hyderabad; members of faculty from Gokhale Institute of Politics and Economics, Pune and IBS, Hyderabad; Delegates of the Research Conference; ladies and gentlemen ! I am grateful to Gokhale Institute of Politics and Economics, Pune and IBS, Hyderabad for inviting me to deliver the inaugural address at the 1st Banking Researc
जनवरी 01, 2016
Basel III Liquidity Risk Framework – Implementation and Way Forward
Good morning. It is my pleasure to be with you in Hyderabad in this conference on the Basel III Liquidity Risk Framework in India. As the chair of a group discussion on Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) at the Fixed Income Money Market and Derivatives Association of India (FIMMDA) Annual Conference in Prague a couple of months ago, I had hinted that the Reserve Bank would initiate a process of discussions with bankers on the whole gamu
Shri N.S. Vishwanathan, Executive Director, Reserve Bank of India
Good morning. It is my pleasure to be with you in Hyderabad in this conference on the Basel III Liquidity Risk Framework in India. As the chair of a group discussion on Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) at the Fixed Income Money Market and Derivatives Association of India (FIMMDA) Annual Conference in Prague a couple of months ago, I had hinted that the Reserve Bank would initiate a process of discussions with bankers on the whole gamu
दिसंबर 22, 2015
भुगतान क्रांति: सहभागिता की तैयारी – आर गांधी
It was in the Reserve Bank’s Payment Systems Vision 2005-08 document, which I was fortunate enough to draft, it was indicated that the focus would be on setting up of a new institution for all retail payment systems and operationalizing a national settlement system. This new institution would be a limited company, owned and operated by banks and act as an umbrella organization for all retail clearing operations, both paper based and electronic. I am very glad that the
श्री आर. गांधी, उप गवर्नर, भारतीय रिज़र्व बैंक
It was in the Reserve Bank’s Payment Systems Vision 2005-08 document, which I was fortunate enough to draft, it was indicated that the focus would be on setting up of a new institution for all retail payment systems and operationalizing a national settlement system. This new institution would be a limited company, owned and operated by banks and act as an umbrella organization for all retail clearing operations, both paper based and electronic. I am very glad that the
दिसंबर 21, 2015
एनबीएफसी: मध्यावधि परिदृश्य – आर गांधी
I am happy to be addressing this first ever CII Summit on Non-Banking Financial Companies (NBFCs) to deliberate on “Regulatory Paradigm & Contours of Growth – Vision 2020”. The context in which such a Summit has been organised is also very apt. World over, there is an awakening, post the great financial crisis of 2008, about the existence, contribution, magnitude, significance and risks of non-banking financial sector. From a benign neglect of or indifference to t
श्री आर. गांधी, उप गवर्नर, भारतीय रिज़र्व बैंक
I am happy to be addressing this first ever CII Summit on Non-Banking Financial Companies (NBFCs) to deliberate on “Regulatory Paradigm & Contours of Growth – Vision 2020”. The context in which such a Summit has been organised is also very apt. World over, there is an awakening, post the great financial crisis of 2008, about the existence, contribution, magnitude, significance and risks of non-banking financial sector. From a benign neglect of or indifference to t
आरबीआई मोबाइल एप्लीकेशन इंस्टॉल करें और लेटेस्ट न्यूज़ का तुरंत एक्सेस पाएं!
पृष्ठ अंतिम बार अपडेट किया गया: जुलाई 12, 2024
पृष्ठ अंतिम बार अपडेट किया गया: नवंबर 23, 2022
