Speeches & Media Interactions

It is over three years now from when the Monetary Policy Committee (MPC) was first constituted. The term of the present MPC will end in 2021. How has been the experience with the MPC? On the whole, the inflation targeting has worked well, in many senses. Number one, it is a committee-based approach, so more minds are going into decision-making. There are three external experts which bring in outside perspective. This definitely improves the quality of decision-making

Interviewer: Mythili Bhusnurmath In the last monetary policy review, the MPC and the RBI reduced the GDP estimate marginally to 6.9%. Since then, we have seen that the numbers for the last quarter came in much lower. In hindsight, how would you look at GDP now? The first quarter number came as a surprise. In fact, almost everybody had projected more than that. We had projected 5.8% for Q1 and all others had projected around 5.5%. So, the Q1 GDP number came as a big su

August 07, 2019 Participants from RBI: Mr. Shaktikanta Das – Governor, Reserve Bank of India Mr. N. S. Vishwanathan – Deputy Governor, Reserve Bank of India Mr. B.P. Kanungo – Deputy Governor, Reserve Bank of India Mr. Mahesh Kumar Jain – Deputy Governor, Reserve Bank of India Dr. Michael D. Patra- Executive Director, Reserve Bank of India Shaktikanta Das: Good afternoon! I will first make the statement on Part A, that is, the matter covering the resolution of the MPC

Participants from RBI: Dr. Urjit R. Patel – Governor, Reserve Bank of India Mr. R. Gandhi – Deputy Governor, Reserve Bank of India Mr. S.S. Mundra – Deputy Governor, Reserve Bank of India Mr. N.S. Vishwanathan – Deputy Governor, Reserve Bank of India Dr. Michael D. Patra – Executive Director, Reserve Bank of India Moderator: Ms. Alpana Killawala – Principal Adviser Moderator: Good Day, Ladies and Gentlemen and Welcome to the RBI’s Fourth Bi-Monthly Monetary Policy Med

Participants from RBI: Dr. Raghuram G. Rajan – Governor Shri Harun R. Khan – Deputy Governor Dr. Urjit R. Patel – Deputy Governor Shri R. Gandhi – Deputy Governor Shri S.S. Mundra – Deputy Governor Moderator: Ms. Alpana Killawala – Principal Adviser, Communications Moderator: Ladies and Gentlemen, Good Day, and Welcome to the First Bi-Monthly Monetary Policy Governor’s Teleconference with Media. As a reminder, all participant lines will be in the listen-only mode and

Participants from RBI: Dr. Raghuram G. Rajan – Governor Shri H.R.Khan – Deputy Governor Dr. Urjit R. Patel – Deputy Governor Shri R. Gandhi – Deputy Governor Shri S.S. Mundra – Deputy Governor Dr. Michael D. Patra – Executive Director Moderator: Ms. Alpana Killawala – Principal Adviser, Communications Moderator: Good Day, Ladies and Gentlemen. Welcome to the Sixth Bi-Monthly Monetary Policy Governor’s Teleconference with Media. As a reminder, all participant lines wil