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सप्टें 29, 2006
Reserve Bank of India Archives: Some Reflections and the Way
It is a real pleasure to be here today on the occasion of the Silver Jubilee Inaugural Function of the Reserve Bank of India Archives (RBIA), earlier known as the Central Records and Documentation Centre (CRDC). The Reserve Bank of India established its Central Archives on August 24, 1981 with twin objectives to serve as (i) repository of non-current permanent records and (ii) the Central Archives of the Reserve Bank of India for research purposes. I am pleased to inf
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
It is a real pleasure to be here today on the occasion of the Silver Jubilee Inaugural Function of the Reserve Bank of India Archives (RBIA), earlier known as the Central Records and Documentation Centre (CRDC). The Reserve Bank of India established its Central Archives on August 24, 1981 with twin objectives to serve as (i) repository of non-current permanent records and (ii) the Central Archives of the Reserve Bank of India for research purposes. I am pleased to inf
सप्टें 21, 2006
IT for Business Excellence
Ladies and Gentlemen, It gives me great pleasure to be present here to share a few thoughts on one of the important drivers of banking business in the world. Information Technology or IT has made substantial inroads into the financial sector, it has in fact transformed the way banking operations are conducted. The benefits brought about by IT in handling large processing volumes, in providing for quick, safe transaction processing, economies of scale and in expanding
Shri V. Leeladhar, Deputy Governor, Reserve Bank of India
Ladies and Gentlemen, It gives me great pleasure to be present here to share a few thoughts on one of the important drivers of banking business in the world. Information Technology or IT has made substantial inroads into the financial sector, it has in fact transformed the way banking operations are conducted. The benefits brought about by IT in handling large processing volumes, in providing for quick, safe transaction processing, economies of scale and in expanding
सप्टें 19, 2006
Foreign Exchange Reserves: New Realities and Options
Distinguished Friends, I am thankful to the organisers for inviting me to participate in the 2006 Program of Seminars on the Theme 'The World in Asia, Asia in the World'. The theme for this session has tantalising words: problems, plenty, challenges, opportunities, accumulation, large, foreign, windfall and reserves. It may be a little hard to match the sense of these words in an address by central bankers. So, I intend taking a slightly broader view of the subject an
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Distinguished Friends, I am thankful to the organisers for inviting me to participate in the 2006 Program of Seminars on the Theme 'The World in Asia, Asia in the World'. The theme for this session has tantalising words: problems, plenty, challenges, opportunities, accumulation, large, foreign, windfall and reserves. It may be a little hard to match the sense of these words in an address by central bankers. So, I intend taking a slightly broader view of the subject an
सप्टें 18, 2006
Asian Perspective on Growth: Outlook for India
Distinguished friends, I am delighted to be here at the G30's International Banking Seminar hosted by the Monetary Authority of Singapore. Indeed, it is an honour and privilege to be amidst the global Gurus of financial world. I divide my humble presentation into five parts: namely the contours of Indian economy; the major challenges facing the Indian economy; the impact of global imbalances on India; some not easily quantifiable strengths of India and; India's growin
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Distinguished friends, I am delighted to be here at the G30's International Banking Seminar hosted by the Monetary Authority of Singapore. Indeed, it is an honour and privilege to be amidst the global Gurus of financial world. I divide my humble presentation into five parts: namely the contours of Indian economy; the major challenges facing the Indian economy; the impact of global imbalances on India; some not easily quantifiable strengths of India and; India's growin
जून 30, 2006
Comments of Dr. Y.V.Reddy, Governor, RBI as a panelist at the Annual General Meeting of the BIS
Financial Sector Competition and Monetary Policy : Comments* Mr. Chairman, Professor Mario Monti, Co-panellists and fellow Governors, I am honoured by the invitation to participate in the Annual General Meeting Panel in this historic and beautiful location. When I got the enquiry on my willingness to be a panelist on "The Relevance of Competition and Monetary Policy for Financial Stability" for the Per Jacobsson Foundation lecture this year, I initially felt that the
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Financial Sector Competition and Monetary Policy : Comments* Mr. Chairman, Professor Mario Monti, Co-panellists and fellow Governors, I am honoured by the invitation to participate in the Annual General Meeting Panel in this historic and beautiful location. When I got the enquiry on my willingness to be a panelist on "The Relevance of Competition and Monetary Policy for Financial Stability" for the Per Jacobsson Foundation lecture this year, I initially felt that the
जून 28, 2006
Comments of Dr.Y.V.Reddy, Governor, RBI
On the Sources of Central Banker’s Influence over the Economy: Comments Chairman Mario Bleijer, Professor Stephen G. Cecchetti, Professor William H. Buiter, Dr Guillermo A. Calvo and fellow Governors, It is my pleasure to join the symposium and as desired by you, Mr. Chairman, offer initial informal comments on Professor Cecchetti’s paper on ‘Sources of Central Banker’s Influence over the Economy’. Professor Cecchetti first succinctly brings out the convergence of dev
Dr. Y. V. Reddy, Governor, Reserve Bank of India
On the Sources of Central Banker’s Influence over the Economy: Comments Chairman Mario Bleijer, Professor Stephen G. Cecchetti, Professor William H. Buiter, Dr Guillermo A. Calvo and fellow Governors, It is my pleasure to join the symposium and as desired by you, Mr. Chairman, offer initial informal comments on Professor Cecchetti’s paper on ‘Sources of Central Banker’s Influence over the Economy’. Professor Cecchetti first succinctly brings out the convergence of dev
जून 06, 2006
Asia's Urban Century: Emerging Trends
I. Urbanisation: A Recent Phenomenon Widespread all pervading urbanisation is a truly twentieth century phenomenon. Although cities have always existed, even cities such as Memphis, Babylon, Thebes, Athens, Sparta, Mohen-ja-daro and Anuradhapura existed in antiquity, there is little evidence of widespread urbanisation in the early years of civilization. Rome was perhaps the first settlement to reach 1 million people in BC; only in 1800 did London become the second cit
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
I. Urbanisation: A Recent Phenomenon Widespread all pervading urbanisation is a truly twentieth century phenomenon. Although cities have always existed, even cities such as Memphis, Babylon, Thebes, Athens, Sparta, Mohen-ja-daro and Anuradhapura existed in antiquity, there is little evidence of widespread urbanisation in the early years of civilization. Rome was perhaps the first settlement to reach 1 million people in BC; only in 1800 did London become the second cit
मे 25, 2006
Governor, Dr. Y. V Reddy's Discussion at Council on Foreign Relations
This is a rush transcript - hosted on RBI website with the concurrence of the Council on Foreign Relations. The transcript as well as the audio and video of the discussion are also available at http://www.cfr.org/publication/10763/reflections_on_indias_economic_development_rush_transcript_federal_news_service_inc.html Speaker: Y.V. Reddy Governor, Reserve Bank of India Presider: Frank G. Wisner Vice Chairman, External Affairs, American International Group, Inc. May 12
Dr. Y. V. Reddy, Governor, Reserve Bank of India
This is a rush transcript - hosted on RBI website with the concurrence of the Council on Foreign Relations. The transcript as well as the audio and video of the discussion are also available at http://www.cfr.org/publication/10763/reflections_on_indias_economic_development_rush_transcript_federal_news_service_inc.html Speaker: Y.V. Reddy Governor, Reserve Bank of India Presider: Frank G. Wisner Vice Chairman, External Affairs, American International Group, Inc. May 12
मे 25, 2006
India in Emerging Asia
Friends I am honoured to be invited at the 12th International Conference on "The Future of Asia" organised by Nihon Keizai Shimbun, Inc. (NIKKEI). The choice of the topic for the Session by the organisers "India-The Rise of a New Economic Powerhouse" is indicative of the global confidence in India's economic performance and prospects for the future. However, as a central banker, I need to be conservative and modest in my approach to communication while retaining trans
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Friends I am honoured to be invited at the 12th International Conference on "The Future of Asia" organised by Nihon Keizai Shimbun, Inc. (NIKKEI). The choice of the topic for the Session by the organisers "India-The Rise of a New Economic Powerhouse" is indicative of the global confidence in India's economic performance and prospects for the future. However, as a central banker, I need to be conservative and modest in my approach to communication while retaining trans
मे 17, 2006
Evolution of Central Banking in India
I must congratulate the organizers for choosing this important topic for deliberation in this seminar. I have great pleasure in mentioning that the theme of the Report on Currency and Finance - 2004-05, prepared by the staff of the Reserve Bank of India (RBI), is also that of evolution of Central Banking in India (RBI, 2005a). In going through the process of compilation of the Report, I have found the evolutionary process of central banking all over the world and also
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
I must congratulate the organizers for choosing this important topic for deliberation in this seminar. I have great pleasure in mentioning that the theme of the Report on Currency and Finance - 2004-05, prepared by the staff of the Reserve Bank of India (RBI), is also that of evolution of Central Banking in India (RBI, 2005a). In going through the process of compilation of the Report, I have found the evolutionary process of central banking all over the world and also

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