Speeches - ಆರ್ಬಿಐ - Reserve Bank of India
Speeches & Media Interactions
Monetary Policy Statement by Shri Shaktikanta Das, RBI Governor October 09, 2024
Speeches
ಡಿಸೆಂ 17, 2012
Technology enabled transformation in the Financial Sector
Mr Sambamurthy, Members of Faculty, CIOs and GMs of banks, ladies and gentlemen. I thank the IDRBT for inviting me to address this erudite audience. The issues that I have chosen to flag; I hope, would generate adequate interest and be the basis for further deliberations leading to some concrete suggestions. We, in the Reserve Bank would eagerly look forward to such outcomes, as these can be useful to set the road map for technology adoption in the Indian financial se
Shri G Padmanabhan, Executive Director, Reserve Bank of India
Mr Sambamurthy, Members of Faculty, CIOs and GMs of banks, ladies and gentlemen. I thank the IDRBT for inviting me to address this erudite audience. The issues that I have chosen to flag; I hope, would generate adequate interest and be the basis for further deliberations leading to some concrete suggestions. We, in the Reserve Bank would eagerly look forward to such outcomes, as these can be useful to set the road map for technology adoption in the Indian financial se
ಡಿಸೆಂ 11, 2012
Transit Path For Indian Economy: Six Steps For Transforming The Elephant Into A Tiger
Shri Prabhat Jain and other members of the Delhi Chapter of the Young Presidents Organisation! It is my pleasure to be here amidst some of the young captains of the Indian industry, who, I believe, would continue to guide their respective enterprises for a foreseeable future and make immense contributions in shaping the Indian Economy going forward. I have been asked to speak to you today on “transforming the elephant into a tiger” and in this regard, I would suggest
Dr. K.C. Chakrabarty, Deputy Governor, Reserve Bank of India
Shri Prabhat Jain and other members of the Delhi Chapter of the Young Presidents Organisation! It is my pleasure to be here amidst some of the young captains of the Indian industry, who, I believe, would continue to guide their respective enterprises for a foreseeable future and make immense contributions in shaping the Indian Economy going forward. I have been asked to speak to you today on “transforming the elephant into a tiger” and in this regard, I would suggest
ಡಿಸೆಂ 10, 2012
Unearned and Unshared Prosperity are Unsustainable
As is invariably the case with any major crisis, the ongoing global financial and economic crisis, including lately, of course, the eurozone crisis, have unleashed a passionate debate over the design of a new architecture of finance, capitalism and globalization. However, the trouble has been not so much with the inter-temporally evolved architecture of finance, capitalism and globalization as really with how it was actually worked in practice. The apocalyptic denouem
Shri V.K. Sharma, Executive Director, Reserve Bank of India
As is invariably the case with any major crisis, the ongoing global financial and economic crisis, including lately, of course, the eurozone crisis, have unleashed a passionate debate over the design of a new architecture of finance, capitalism and globalization. However, the trouble has been not so much with the inter-temporally evolved architecture of finance, capitalism and globalization as really with how it was actually worked in practice. The apocalyptic denouem
ಡಿಸೆಂ 07, 2012
Perspectives on India’s Balance of Payments
I thank Professor Sar for inviting me to address this young audience. In the recent years, India’s integration with the global economy has increased significantly. This is reflected in our expanding volume of external trade and financial transactions. While this process has several benefits arising from wider access to consumption and investment, there is attendant cost of periodic instability. Over the last two years, the Reserve Bank has been drawing attention to th
Shri Deepak Mohanty, Executive Director, Reserve Bank of India
I thank Professor Sar for inviting me to address this young audience. In the recent years, India’s integration with the global economy has increased significantly. This is reflected in our expanding volume of external trade and financial transactions. While this process has several benefits arising from wider access to consumption and investment, there is attendant cost of periodic instability. Over the last two years, the Reserve Bank has been drawing attention to th
ನವೆಂ 30, 2012
Perspectives on Co-operation
Ms. Meena Hemchandra, Principal, Mr. R L Sharma, Vice-Principal, College for Agricultural Banking (CAB), Mr. Karuppasamy, the Executive Director, Mr. A. Vaidyanthan, a luminary in the field of development economics, distinguished participants from both India and abroad, my colleagues from Reserve Bank and the print and electronic media. 2. It is both a pleasure as well as a privilege for me to address this august gathering today. The International Conference on Co-ope
Shri Anand Sinha, Deputy Governor, Reserve Bank of India
Ms. Meena Hemchandra, Principal, Mr. R L Sharma, Vice-Principal, College for Agricultural Banking (CAB), Mr. Karuppasamy, the Executive Director, Mr. A. Vaidyanthan, a luminary in the field of development economics, distinguished participants from both India and abroad, my colleagues from Reserve Bank and the print and electronic media. 2. It is both a pleasure as well as a privilege for me to address this august gathering today. The International Conference on Co-ope
ನವೆಂ 26, 2012
Financial Inclusion and Payment Systems: Recent Trends, Current Challenges and Emerging Issues
Presentation Shri. Narendra Singh, CMD, Bank of Maharashtra, Shri. K R Kamath, CMD, Punjab National Bank & Chairman, Indian Banks’ Association, Shri Raghuvir Singh, Executive Director, Bank of Maharashtra and Chairmen-Managing Directors & Executive Directors of banks, distinguished delegates, ladies and gentlemen. It is indeed a pleasure to be here in BANCON 2012 organised by the Indian Banks’ Association. I am especially happy to share my thoughts on financia
Shri Harun R Khan, Deputy Governor, Reserve Bank of India
Presentation Shri. Narendra Singh, CMD, Bank of Maharashtra, Shri. K R Kamath, CMD, Punjab National Bank & Chairman, Indian Banks’ Association, Shri Raghuvir Singh, Executive Director, Bank of Maharashtra and Chairmen-Managing Directors & Executive Directors of banks, distinguished delegates, ladies and gentlemen. It is indeed a pleasure to be here in BANCON 2012 organised by the Indian Banks’ Association. I am especially happy to share my thoughts on financia
ನವೆಂ 23, 2012
Supporting Explosive Growth: Effective Linkages between the Banking Sector and Real Sector
Introduction Shri Rajkumar Dhoot, Hon’ble Member of Parliament and President, ASSOCHAM, Shri M. Narendra, Chairperson, ASSOCHAM National Council for Banking & Finance and CMD, Indian Overseas Bank, Shri Sunil Kanoria, Vice President, ASSOCHAM and Vice Chairman, SREI Infrastructure Finance Ltd.; Mrs. Shubhada Rao, Senior President and Chief Economist, Yes Bank Ltd.; Mr. Subhash C Aggarwal, CMD, SMC Group; Ms. Sudha Ravi, Co-Chairperson, ASSOCHAM National Council fo
Dr. K.C. Chakrabarty, Deputy Governor, Reserve Bank of India
Introduction Shri Rajkumar Dhoot, Hon’ble Member of Parliament and President, ASSOCHAM, Shri M. Narendra, Chairperson, ASSOCHAM National Council for Banking & Finance and CMD, Indian Overseas Bank, Shri Sunil Kanoria, Vice President, ASSOCHAM and Vice Chairman, SREI Infrastructure Finance Ltd.; Mrs. Shubhada Rao, Senior President and Chief Economist, Yes Bank Ltd.; Mr. Subhash C Aggarwal, CMD, SMC Group; Ms. Sudha Ravi, Co-Chairperson, ASSOCHAM National Council fo
ನವೆಂ 20, 2012
Managing Capital Flows
Ladies and Gentlemen, On behalf of the Reserve Bank of India and my own behalf, I extend a hearty welcome to you all to this conference on Managing Capital Flows, in this great city of Mumbai. As you know the conference is co-sponsored by Reserve Bank of India and Asian Development Bank (ADB). Mumbai is not only the commercial hub of India but also has a rich heritage. I hope you will have some time to experience the vibrancy of Mumbai. 2. Turning to today’s conferenc
Shri Deepak Mohanty, Executive Director, Reserve Bank of India
Ladies and Gentlemen, On behalf of the Reserve Bank of India and my own behalf, I extend a hearty welcome to you all to this conference on Managing Capital Flows, in this great city of Mumbai. As you know the conference is co-sponsored by Reserve Bank of India and Asian Development Bank (ADB). Mumbai is not only the commercial hub of India but also has a rich heritage. I hope you will have some time to experience the vibrancy of Mumbai. 2. Turning to today’s conferenc
ನವೆಂ 20, 2012
G 20 and India
My sincere thanks to the Forum of Free Enterprise and Shri Minoo Shroff for inviting me to deliver the A.D. Shroff Memorial Lecture. It is an honour to which I attach a lot of value. A.D. Shroff 2. Even as he had no privileged background, A.D. Shroff rose to become one of the country’s most eminent and respected professionals in the financial world of his time. From the Board of Tata Sons, where he was the financial adviser, he went on to become the chairman of New In
Dr. D. Subbarao, Governor, Reserve Bank of India
My sincere thanks to the Forum of Free Enterprise and Shri Minoo Shroff for inviting me to deliver the A.D. Shroff Memorial Lecture. It is an honour to which I attach a lot of value. A.D. Shroff 2. Even as he had no privileged background, A.D. Shroff rose to become one of the country’s most eminent and respected professionals in the financial world of his time. From the Board of Tata Sons, where he was the financial adviser, he went on to become the chairman of New In
ನವೆಂ 16, 2012
Leveraging Cooperative Advantage
Photograph Thank you very much for inviting me to inaugurate this two day International Conference on “Leveraging Cooperative Advantage” organized to celebrate the International Year of Cooperatives declared by the United Nations (UN). This is an opportunity to which I attach a lot of value. 2. The year-long celebration of cooperatives all over the world gives us an opportunity to revisit “the strengths of the cooperative business model as an alternative means of doin
Dr. D. Subbarao, Governor, Reserve Bank of India
Photograph Thank you very much for inviting me to inaugurate this two day International Conference on “Leveraging Cooperative Advantage” organized to celebrate the International Year of Cooperatives declared by the United Nations (UN). This is an opportunity to which I attach a lot of value. 2. The year-long celebration of cooperatives all over the world gives us an opportunity to revisit “the strengths of the cooperative business model as an alternative means of doin
ನವೆಂ 12, 2012
The Financial Innovations That Never Were
1. I deem it an honour and privilege to be addressing this very distinguished and august audience. Right at the outset, I would like to impress upon this very learned and discerning audience that responsible Financial Innovation is not an end in itself, but instead, a means to an end of sub-serving the real sector and in that sense it is consistent with, and a natural fit to, public policy purpose of “financial sector-real sector balance”. As this distinguished audien
Shri V.K. Sharma, Executive Director, Reserve Bank of India
1. I deem it an honour and privilege to be addressing this very distinguished and august audience. Right at the outset, I would like to impress upon this very learned and discerning audience that responsible Financial Innovation is not an end in itself, but instead, a means to an end of sub-serving the real sector and in that sense it is consistent with, and a natural fit to, public policy purpose of “financial sector-real sector balance”. As this distinguished audien
ನವೆಂ 09, 2012
Financial Inclusion – Issues in Measurement and Analysis
Introduction 1. Mr. Muhammad bin Ibrahim, Deputy Governor, Bank Negara Malaysia and Chairman, Irving Fisher Committee, Mr. Paul Van den Bergh, Head of Statistics, Bank for International Settlements (BIS), senior officials from Statistics departments of Central Banks and distinguished participants at the Workshop. I am delighted to be here for the Workshop on Financial Inclusion Indicators organized jointly by the Bank Negara Malaysia and the BIS. 2. The importance of
Dr. K.C. Chakrabarty, Deputy Governor, Reserve Bank of India
Introduction 1. Mr. Muhammad bin Ibrahim, Deputy Governor, Bank Negara Malaysia and Chairman, Irving Fisher Committee, Mr. Paul Van den Bergh, Head of Statistics, Bank for International Settlements (BIS), senior officials from Statistics departments of Central Banks and distinguished participants at the Workshop. I am delighted to be here for the Workshop on Financial Inclusion Indicators organized jointly by the Bank Negara Malaysia and the BIS. 2. The importance of
ನವೆಂ 09, 2012
The Importance of Inflation Expectations
‘‘Each possesses within himself two antagonistic and foolish counsellors, whom we call by the names of pleasure and pain…besides these two, each man possesses opinions about the future, which go by the general name of ‘expectations’; and of these, that which precedes pain bears the special name of ‘fear’, and that which precedes pleasure the special name of ‘confidence’.” Plato, 360 BC I thank Dr. Sesha Iyer and Dr. Pattnaik for the invitation to address this young au
Shri Deepak Mohanty, Executive Director, Reserve Bank of India
‘‘Each possesses within himself two antagonistic and foolish counsellors, whom we call by the names of pleasure and pain…besides these two, each man possesses opinions about the future, which go by the general name of ‘expectations’; and of these, that which precedes pain bears the special name of ‘fear’, and that which precedes pleasure the special name of ‘confidence’.” Plato, 360 BC I thank Dr. Sesha Iyer and Dr. Pattnaik for the invitation to address this young au
ಅಕ್ಟೋ 25, 2012
Financial Regulatory Reforms
A very good afternoon to you all. It is my privilege to chair the panel on ‘Financial Regulatory Reforms: Not far enough or Overkill?’ Let me welcome the four very eminent panelists, Mr. Jae-ha Park, Deputy Dean ADBI; Mr. Stephen Pickford, Associate Fellow, Chatham House; Mr. Paul Bernd Spahn, Professor Emeritus of Goethe University, Frankfurt am Main, Germany and Ms. Susan Thomas, Assistant Professor, Indira Gandhi Institute of Development Research. 2. The topic of t
Shri Anand Sinha, Deputy Governor, Reserve Bank of India
A very good afternoon to you all. It is my privilege to chair the panel on ‘Financial Regulatory Reforms: Not far enough or Overkill?’ Let me welcome the four very eminent panelists, Mr. Jae-ha Park, Deputy Dean ADBI; Mr. Stephen Pickford, Associate Fellow, Chatham House; Mr. Paul Bernd Spahn, Professor Emeritus of Goethe University, Frankfurt am Main, Germany and Ms. Susan Thomas, Assistant Professor, Indira Gandhi Institute of Development Research. 2. The topic of t
ಅಕ್ಟೋ 23, 2012
Technology in the Financial Sector- Some Issues and a Few Concerns
Mr Joseph, Mr Jayakumar, Mr Hareesh Babu, Mr John, distinguished ladies and gentlemen, it is a pleasure to be addressing the bankers in this beautiful city of Thrissur, often called the cultural capital of Kerala. From the bankers' perspective it can well be called the banking capital of Kerala, as three banks are head-quartered in Thrissur and a fourth in the adjoining town of Aluva. I am told that the Bankers Club, Thrissur is one of the oldest and the largest in Ke
Shri G Padmanabhan, Executive Director, Reserve Bank of India
Mr Joseph, Mr Jayakumar, Mr Hareesh Babu, Mr John, distinguished ladies and gentlemen, it is a pleasure to be addressing the bankers in this beautiful city of Thrissur, often called the cultural capital of Kerala. From the bankers' perspective it can well be called the banking capital of Kerala, as three banks are head-quartered in Thrissur and a fourth in the adjoining town of Aluva. I am told that the Bankers Club, Thrissur is one of the oldest and the largest in Ke
ಅಕ್ಟೋ 22, 2012
Gauging the Potential of Emerging Markets – Can growth be achieved with Durable Financial Stability
Ms. Henny Sender, Chief Correspondent, International Finance, Financial Times and moderator for the panel discussion, my co-panelists, Mr. Bunt Ghosh, Head of Emerging Market Strategy for Asset Management, Credit Suisse; Mr. Sunil Godhwani, CMD, Religare Enterprises; Mr. Sizwe Nxasana, CEO, First Rand Group; Dr. Rana Kapoor, Founder, Managing Director and CEO, Yes Bank; other delegates and members of print and electronic media. A very good afternoon to you all. 2. Whi
Shri Anand Sinha, Deputy Governor, Reserve Bank of India
Ms. Henny Sender, Chief Correspondent, International Finance, Financial Times and moderator for the panel discussion, my co-panelists, Mr. Bunt Ghosh, Head of Emerging Market Strategy for Asset Management, Credit Suisse; Mr. Sunil Godhwani, CMD, Religare Enterprises; Mr. Sizwe Nxasana, CEO, First Rand Group; Dr. Rana Kapoor, Founder, Managing Director and CEO, Yes Bank; other delegates and members of print and electronic media. A very good afternoon to you all. 2. Whi
ಅಕ್ಟೋ 18, 2012
Managing Currency and Interest Rate Risks – New Challenges for Banks & Corporates
It is a pleasure to be here at the 2nd FT-Yes Bank International Banking Summit amidst a very distinguished set of panellists and audience. I must compliment the organisers for selecting a very wide range of subjects – subjects which are as varied as they are topical in the world as we live in today - for discussions. The subject for this session “Managing currency and interest rate risks – new challenges for banks and corporations” is very relevant in the post crisis
Shri Harun R Khan, Deputy Governor, Reserve Bank of India
It is a pleasure to be here at the 2nd FT-Yes Bank International Banking Summit amidst a very distinguished set of panellists and audience. I must compliment the organisers for selecting a very wide range of subjects – subjects which are as varied as they are topical in the world as we live in today - for discussions. The subject for this session “Managing currency and interest rate risks – new challenges for banks and corporations” is very relevant in the post crisis
ಅಕ್ಟೋ 18, 2012
Social Banking and Finance – Opportunities in Inclusion
Mr. James Crabtree, Mumbai Correspondent, Financial Times and moderator for the session, my fellow panellists Mr. Y.M. Deosthalee, CMD L&T Finance; Mr. Ajai Kumar, CMD Corporation Bank; Mr. M.V. Tanksale, CMD Central Bank of India; Mr. R.V. Verma, CMD National Housing Bank; Mr. Ajay Desai, Chief Financial Inclusion Officer, Yes Bank and Mr. Leonardo Rubattu, General Manager, Iccrea Banca; other important people sitting in the audience specially Dr. Rana Kapoor, Fo
Dr. K.C. Chakrabarty, Deputy Governor, Reserve Bank of India
Mr. James Crabtree, Mumbai Correspondent, Financial Times and moderator for the session, my fellow panellists Mr. Y.M. Deosthalee, CMD L&T Finance; Mr. Ajai Kumar, CMD Corporation Bank; Mr. M.V. Tanksale, CMD Central Bank of India; Mr. R.V. Verma, CMD National Housing Bank; Mr. Ajay Desai, Chief Financial Inclusion Officer, Yes Bank and Mr. Leonardo Rubattu, General Manager, Iccrea Banca; other important people sitting in the audience specially Dr. Rana Kapoor, Fo
ಅಕ್ಟೋ 15, 2012
Corporate Debt Market: Developments, Issues & Challenges
It is an honour to address the distinguished participants of the 9th Annual Conference on Capital Markets (CAPAM 2012) on an issue which is attracting a lot of attention of the policy-makers and market participants – the corporate debt market. Deeper and broader financial markets are desirable for public policy objectives as they play a critical role in improving the efficiency of capital allocation within the economy. Capital market comprising equity and debt market
Shri Harun R Khan, Deputy Governor, Reserve Bank of India
It is an honour to address the distinguished participants of the 9th Annual Conference on Capital Markets (CAPAM 2012) on an issue which is attracting a lot of attention of the policy-makers and market participants – the corporate debt market. Deeper and broader financial markets are desirable for public policy objectives as they play a critical role in improving the efficiency of capital allocation within the economy. Capital market comprising equity and debt market
ಅಕ್ಟೋ 10, 2012
Welcoming Ben Bernanke
Photographs I am delighted to welcome Chairman Ben Bernanke to the Reserve Bank and to this meeting with the Top Management Group of RBI. 2. It would be presumptuous on my part to introduce a legendary personality like Ben Bernanke, especially to a gathering of central bank staff. I will do so nevertheless, if only to pay homage to a tradition. Crisis - An Intellectual Challenge 3. As we all know, the crisis was an intellectual challenge as it called into question man
Dr. D. Subbarao, Governor, Reserve Bank of India
Photographs I am delighted to welcome Chairman Ben Bernanke to the Reserve Bank and to this meeting with the Top Management Group of RBI. 2. It would be presumptuous on my part to introduce a legendary personality like Ben Bernanke, especially to a gathering of central bank staff. I will do so nevertheless, if only to pay homage to a tradition. Crisis - An Intellectual Challenge 3. As we all know, the crisis was an intellectual challenge as it called into question man
ಅಕ್ಟೋ 09, 2012
Strengthening SMEs Capabilities for Global Competitiveness
Shri Govind Sankaranarayanan, Member of Banking, Finance and Economics Committee of Bombay Chamber of Commerce and Industry and CFO & CEO (Corporate Affairs) Tata Capital Ltd.; Shri R. Balaji, Head, Strategy and Marketing, Mahindra Finance; Shri Pralay Mondal, Senior Group President, Yes Bank; members of the Bombay Chambers, assembled guests, ladies and gentlemen. It is, indeed, a matter of great pleasure for me to be present here today at this interactive session
Dr. K.C. Chakrabarty, Deputy Governor, Reserve Bank of India
Shri Govind Sankaranarayanan, Member of Banking, Finance and Economics Committee of Bombay Chamber of Commerce and Industry and CFO & CEO (Corporate Affairs) Tata Capital Ltd.; Shri R. Balaji, Head, Strategy and Marketing, Mahindra Finance; Shri Pralay Mondal, Senior Group President, Yes Bank; members of the Bombay Chambers, assembled guests, ladies and gentlemen. It is, indeed, a matter of great pleasure for me to be present here today at this interactive session
ಅಕ್ಟೋ 09, 2012
Techno - Banking – Prospects and Challenges
Distinguished ladies and gentlemen, I am honoured to be invited to deliver the key note address at the 6th edition of the ET Banking Technology Conclave. I am also thankful to the organizers for their kind gesture in asking me to deliver the inaugural rather than the valedictory address, as originally intended. I was rather apprehensive of delivering a valedictory address in a Seminar like this, since-drawing a cricket analogy- it would be like going in as the last ma
Shri G Padmanabhan, Executive Director, Reserve Bank of India
Distinguished ladies and gentlemen, I am honoured to be invited to deliver the key note address at the 6th edition of the ET Banking Technology Conclave. I am also thankful to the organizers for their kind gesture in asking me to deliver the inaugural rather than the valedictory address, as originally intended. I was rather apprehensive of delivering a valedictory address in a Seminar like this, since-drawing a cricket analogy- it would be like going in as the last ma
ಅಕ್ಟೋ 09, 2012
Silver Linings in the Indian Economy
Dr. Debashis Sanyal, Dean, Dr. Vrinda Kamat, Chairperson – MBA Banking, Faculty and students of the School of Business Management, NMIMS University, Shri. M G Sanghvi, Chairman & Managing Director, Syndicate Bank, Shri S K Jain, Executive Director, Bank of Baroda, distinguished invitees, ladies & gentlemen. It is a great pleasure to be amongst budding management professionals and corporate leaders of tomorrow. In the period of gloom and doom for the world in g
Shri Harun R Khan, Deputy Governor, Reserve Bank of India
Dr. Debashis Sanyal, Dean, Dr. Vrinda Kamat, Chairperson – MBA Banking, Faculty and students of the School of Business Management, NMIMS University, Shri. M G Sanghvi, Chairman & Managing Director, Syndicate Bank, Shri S K Jain, Executive Director, Bank of Baroda, distinguished invitees, ladies & gentlemen. It is a great pleasure to be amongst budding management professionals and corporate leaders of tomorrow. In the period of gloom and doom for the world in g
ಸೆಪ್ಟೆಂ 27, 2012
Achieving Inclusive Growth: The Challenge of a New Era
On behalf of the Reserve Bank of India, I have great pleasure in welcoming Hon’ble Mr. Tharman Shanmugaratnam, Deputy Prime Minister of Singapore, who will shortly be delivering the L.K. Jha Memorial Lecture. 2. I also have pleasure in acknowledging the presence here of members of the family of late Dr. L.K. Jha - Smt. Dipika Maharaj Singh, Smt. Sharika Glover and Kiron Glover. Your presence here means a lot to us. Thank you very much. A warm welcome, of course, to al
Dr. D. Subbarao, Governor, Reserve Bank of India
On behalf of the Reserve Bank of India, I have great pleasure in welcoming Hon’ble Mr. Tharman Shanmugaratnam, Deputy Prime Minister of Singapore, who will shortly be delivering the L.K. Jha Memorial Lecture. 2. I also have pleasure in acknowledging the presence here of members of the family of late Dr. L.K. Jha - Smt. Dipika Maharaj Singh, Smt. Sharika Glover and Kiron Glover. Your presence here means a lot to us. Thank you very much. A warm welcome, of course, to al
ಸೆಪ್ಟೆಂ 23, 2012
Food Inflation and Agricultural Supply Chain Management
1. Shri Kailash Singh, Managing Director, Tefla’s, Shri Ramesh Abhishek, Chairman, Forward Market Commission, Dr. D. Bhalla, Joint Secretary, Department of Food and Public Distribution, Government of India, Shri. Sushil Goenka and Vijay Datta of the Solvent Extractors’ Association of India, Shri. Sandeep Bajoria, Chairman, Globoil Organising Committee, Shri. Dinesh Shahra, Dr. B. V. Mehta and other leaders from the edible oil and agri-commodity trade industries, and d
Shri Harun R Khan, Deputy Governor, Reserve Bank of India
1. Shri Kailash Singh, Managing Director, Tefla’s, Shri Ramesh Abhishek, Chairman, Forward Market Commission, Dr. D. Bhalla, Joint Secretary, Department of Food and Public Distribution, Government of India, Shri. Sushil Goenka and Vijay Datta of the Solvent Extractors’ Association of India, Shri. Sandeep Bajoria, Chairman, Globoil Organising Committee, Shri. Dinesh Shahra, Dr. B. V. Mehta and other leaders from the edible oil and agri-commodity trade industries, and d
ಸೆಪ್ಟೆಂ 21, 2012
Underlying Concepts and Principles of Dynamic Provisioning
Thank you very much for inviting me to this conference to share with you my understanding of the underlying concepts and principles of dynamic provisioning. A discussion paper on the subject was brought out by the Reserve Bank of India (RBI) in March 2012. We are still in the process of examining the comments received from banks and other stakeholders and it may take us a while to finalise anything in this regard. Why make provisions? 2. Let me start the discussion wi
Shri B. Mahapatra, Executive Director, Reserve Bank of India
Thank you very much for inviting me to this conference to share with you my understanding of the underlying concepts and principles of dynamic provisioning. A discussion paper on the subject was brought out by the Reserve Bank of India (RBI) in March 2012. We are still in the process of examining the comments received from banks and other stakeholders and it may take us a while to finalise anything in this regard. Why make provisions? 2. Let me start the discussion wi
ಸೆಪ್ಟೆಂ 20, 2012
Role of State in Developing Debt Markets
Presentation Mr. Robert Sheehy, Mr. Coskun Cangoz, Mr Jin Myung Kim, Mr Otavio Ladeira de Medeiros, Mr. Thordur Jonasson and distinguished participants. It is a great pleasure to be in the city of Doha and share my thoughts with such a distinguished gathering in the Conference jointly organized by the Qatar Central Bank and the International Monetary Fund. I am particularly thankful to Mr Abdulla Bin Saud Al-Thani, Governor, Qatar Central Bank and Mr. Ananthakrishnan
Shri Harun R Khan, Deputy Governor, Reserve Bank of India
Presentation Mr. Robert Sheehy, Mr. Coskun Cangoz, Mr Jin Myung Kim, Mr Otavio Ladeira de Medeiros, Mr. Thordur Jonasson and distinguished participants. It is a great pleasure to be in the city of Doha and share my thoughts with such a distinguished gathering in the Conference jointly organized by the Qatar Central Bank and the International Monetary Fund. I am particularly thankful to Mr Abdulla Bin Saud Al-Thani, Governor, Qatar Central Bank and Mr. Ananthakrishnan
ಸೆಪ್ಟೆಂ 17, 2012
Indian Economy: Imperatives for Second Generation Reforms
Dr. Suresh Kotak, Chairman, Kotak and Co. Ltd.; Dr. J. Phadnis, Principal of the VES College of Arts, Science and Commerce; Shri B.L. Boolani, Trustee In-charge; Dr. Suniti Nagpurkar, Head of the Economics Department and Convener of the Seminar, Mrs. Dipta Dasgupta, my old friend from the Banaras Hindu University; faculty members and students participating in the Seminar, Ladies and Gentlemen. It is, indeed, a matter of great pleasure and privilege for me that I have
Dr. K.C. Chakrabarty, Deputy Governor, Reserve Bank of India
Dr. Suresh Kotak, Chairman, Kotak and Co. Ltd.; Dr. J. Phadnis, Principal of the VES College of Arts, Science and Commerce; Shri B.L. Boolani, Trustee In-charge; Dr. Suniti Nagpurkar, Head of the Economics Department and Convener of the Seminar, Mrs. Dipta Dasgupta, my old friend from the Banaras Hindu University; faculty members and students participating in the Seminar, Ladies and Gentlemen. It is, indeed, a matter of great pleasure and privilege for me that I have
ಸೆಪ್ಟೆಂ 13, 2012
Highlights and Rationale of the Recommendations of the Working Group to Review the Existing Prudential Guidelines on Restructuring of Advances
I am indeed grateful to the CAFRAL for inviting me here to discuss the highlights and rationale of the recommendations of the working group to review the existing prudential guidelines on restructuring of advances by banks and financial institutions, which I chaired. The working group was represented by eminent bankers, accountants, rating agency, Indian Banks’ Association (IBA) and the Reserve Bank of India (RBI). The working group submitted its report to the RBI on
Shri B. Mahapatra, Executive Director, Reserve Bank of India
I am indeed grateful to the CAFRAL for inviting me here to discuss the highlights and rationale of the recommendations of the working group to review the existing prudential guidelines on restructuring of advances by banks and financial institutions, which I chaired. The working group was represented by eminent bankers, accountants, rating agency, Indian Banks’ Association (IBA) and the Reserve Bank of India (RBI). The working group submitted its report to the RBI on
ಸೆಪ್ಟೆಂ 12, 2012
Alternate Payment Channels- Prepaid cards-Issues and Challenges
Distinguished ladies and gentlemen, 1. I am happy to be in your midst today and share some thoughts with you on the future roadmap of the Indian payments system. I have had the pleasure of interacting with the industry participants in similar conferences organised by IAMAI twice in the past. Since then, several developments have taken place which I firmly believe will result in a greater role to the assembled stakeholders in the Indian payments industry. 2. The enactm
Shri G Padmanabhan, Executive Director, Reserve Bank of India
Distinguished ladies and gentlemen, 1. I am happy to be in your midst today and share some thoughts with you on the future roadmap of the Indian payments system. I have had the pleasure of interacting with the industry participants in similar conferences organised by IAMAI twice in the past. Since then, several developments have taken place which I firmly believe will result in a greater role to the assembled stakeholders in the Indian payments industry. 2. The enactm
ಸೆಪ್ಟೆಂ 11, 2012
Financial Stability: 2007 to 2012 - Five years on
Mr. D. Sarkar, CMD, Union Bank of India, Mr. Pratip Chaudhuri, Chairman, State Bank of India, senior members of the banking fraternity, delegates to the Conference, members of the print and electronic media and other distinguished guests. It is my privilege to be here in FIBAC 2012 whose theme is “Sustainable excellence through customer engagement, employee engagement and right use of technology”. FIBAC is an important forum for serious deliberations on banking sector
Shri Anand Sinha, Deputy Governor, Reserve Bank of India
Mr. D. Sarkar, CMD, Union Bank of India, Mr. Pratip Chaudhuri, Chairman, State Bank of India, senior members of the banking fraternity, delegates to the Conference, members of the print and electronic media and other distinguished guests. It is my privilege to be here in FIBAC 2012 whose theme is “Sustainable excellence through customer engagement, employee engagement and right use of technology”. FIBAC is an important forum for serious deliberations on banking sector
ಸೆಪ್ಟೆಂ 05, 2012
Turmoil in Global Economy: The Indian Perspectives
1. Shri Rajendra Kumar Das, Host Branch Chairman, Shri. Prashant Panda, Organizing Committee Chairman and the office bearers of the National & Branch Managing Committees of the Institute of Chartered Accountants of India (ICAI), Shri. Jugal Kishore Mahapatra, Principal Secretary, Finance, Government of Odisha, distinguished delegates from across the country, ladies and gentlemen. I am very happy to be invited to this important conference being organized by the ICA
Shri Harun R Khan, Deputy Governor, Reserve Bank of India
1. Shri Rajendra Kumar Das, Host Branch Chairman, Shri. Prashant Panda, Organizing Committee Chairman and the office bearers of the National & Branch Managing Committees of the Institute of Chartered Accountants of India (ICAI), Shri. Jugal Kishore Mahapatra, Principal Secretary, Finance, Government of Odisha, distinguished delegates from across the country, ladies and gentlemen. I am very happy to be invited to this important conference being organized by the ICA
ಸೆಪ್ಟೆಂ 05, 2012
Customising mobile banking in India: issues & challenges
Presentation Distinguished delegates to the FIBAC 2012, ladies and gentlemen. As I was reading the theme of the conference “Sustainable Excellence through engaged customers, employees and right use of technology” three words (sustainable, engaged and right use) helped me to decide how I can use this opportunity to relate with all the stakeholders of the payment system industry to introspect the issues and challenges confronting customization of mobile banking in India
Shri Harun R Khan, Deputy Governor, Reserve Bank of India
Presentation Distinguished delegates to the FIBAC 2012, ladies and gentlemen. As I was reading the theme of the conference “Sustainable Excellence through engaged customers, employees and right use of technology” three words (sustainable, engaged and right use) helped me to decide how I can use this opportunity to relate with all the stakeholders of the payment system industry to introspect the issues and challenges confronting customization of mobile banking in India
ಸೆಪ್ಟೆಂ 05, 2012
Revised Guidelines on Priority Sector Lending: Rationale and Logic
Shri Alok K. Misra, Chairman, IBA and CMD, Bank of India; Shri Pratip Chaudhuri, Chairman, State Bank of India; CMDs/ CEOs of other banks; other senior members of the banking fraternity, delegates to the conference, members of the print and electronic media, other distinguished guests, ladies and gentlemen. It is, indeed, a matter of great pleasure for me to deliver this special address at the annual FICCI – IBA Global Banking Conference - FIBAC 2012. FIBAC has become
Dr. K.C. Chakrabarty, Deputy Governor, Reserve Bank of India
Shri Alok K. Misra, Chairman, IBA and CMD, Bank of India; Shri Pratip Chaudhuri, Chairman, State Bank of India; CMDs/ CEOs of other banks; other senior members of the banking fraternity, delegates to the conference, members of the print and electronic media, other distinguished guests, ladies and gentlemen. It is, indeed, a matter of great pleasure for me to deliver this special address at the annual FICCI – IBA Global Banking Conference - FIBAC 2012. FIBAC has become
ಸೆಪ್ಟೆಂ 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
ಸೆಪ್ಟೆಂ 03, 2012
CRR is a cost, manage it: Chakrabarty tells SBI
Dr. K.C. Chakrabarty, Deputy Governor, Reserve Bank of India
ಆಗ 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
ಆಗ 29, 2012
India in a Globalizing World : Some Policy Dilemmas
Dr. D. Subbarao, Governor, Reserve Bank of India
ಆಗ 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
ಆಗ 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
ಆಗ 24, 2012
Turmoil in Global Economy: The Indian Perspective
Shri Harun R Khan, Deputy Governor, Reserve Bank of India
ಆಗ 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
ಆಗ 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
ಆಗ 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
ಆಗ 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
ಆಗ 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
ಜುಲೈ 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
ಜುಲೈ 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
ಜುಲೈ 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
ಜುಲೈ 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
ಭಾರತೀಯ ರಿಸರ್ವ್ ಬ್ಯಾಂಕ್ ಮೊಬೈಲ್ ಅಪ್ಲಿಕೇಶನ್ ಅನ್ನು ಇನ್ಸ್ಟಾಲ್ ಮಾಡಿ ಮತ್ತು ಇತ್ತೀಚಿನ ಸುದ್ದಿಗಳಿಗೆ ತ್ವರಿತ ಅಕ್ಸೆಸ್ ಪಡೆಯಿರಿ!
ಪೇಜ್ ಕೊನೆಯದಾಗಿ ಅಪ್ಡೇಟ್ ಆದ ದಿನಾಂಕ: ಡಿಸೆಂಬರ್ 03, 2024
