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ଡିସେମ୍ବର 18, 2008
The Global Financial Turmoil and Challenges for the Indian Economy
It is my pleasure to be here this evening and to be able to share my thoughts with an exclusive gathering of bankers. Since this is an in-house meeting and we are professional colleagues, I propose to be frank and forthright. I am glad to know that the Bankers' Club in Kolkata has been recently revived and is engaged in promoting professional interaction within the banking community. 2. The global financial crisis is now the staple of front page news. Banks around the
Dr. D. Subbarao, Governor, Reserve Bank of India
It is my pleasure to be here this evening and to be able to share my thoughts with an exclusive gathering of bankers. Since this is an in-house meeting and we are professional colleagues, I propose to be frank and forthright. I am glad to know that the Bankers' Club in Kolkata has been recently revived and is engaged in promoting professional interaction within the banking community. 2. The global financial crisis is now the staple of front page news. Banks around the
ନଭେମ୍ବର 21, 2008
V K Sharma: Genesis, Diagnosis and Prognosis of the Current Global Financial Crisis
I heartily welcome you all to the Senior Management Conference 2008. As at the time of the last Senior Management Conference, the now 14-month old, and still ongoing, global financial market convulsion, with no hint even now of its cataclysmic denouement, and its recent direct outcome, the widespread global economic slowdown, provide, again, the perfect backdrop, and contextual topicality, to this year's conference theme "Financial Sector Development in India: Agenda
Shri V.K. Sharma, Executive Director, Reserve Bank of India
I heartily welcome you all to the Senior Management Conference 2008. As at the time of the last Senior Management Conference, the now 14-month old, and still ongoing, global financial market convulsion, with no hint even now of its cataclysmic denouement, and its recent direct outcome, the widespread global economic slowdown, provide, again, the perfect backdrop, and contextual topicality, to this year's conference theme "Financial Sector Development in India: Agenda
ଜୁନ 05, 2008
Agriculture: Emerging Issues and Possible Approaches
His Excellency, the Governor of Andhra Pradesh and the Chancellor of Acharya N.G. Ranga Agricultural University (ANGRAU), Shri Narayan Datt Tiwari garu; Vice Chancellor, ANGRAU, Dr. P. Raghava Reddy garu; Members of the Board of Management of ANGRAU; Registrar of ANGRAU; Horticultural University Vice Chancellor, Dr. S.D. Sikhamani garu; Members of the Academic Council of Agriculture and Home Science Faculties; dear students and staff of this university, respected pare
Dr. Y. V. Reddy, Governor, Reserve Bank of India
His Excellency, the Governor of Andhra Pradesh and the Chancellor of Acharya N.G. Ranga Agricultural University (ANGRAU), Shri Narayan Datt Tiwari garu; Vice Chancellor, ANGRAU, Dr. P. Raghava Reddy garu; Members of the Board of Management of ANGRAU; Registrar of ANGRAU; Horticultural University Vice Chancellor, Dr. S.D. Sikhamani garu; Members of the Academic Council of Agriculture and Home Science Faculties; dear students and staff of this university, respected pare
ମଇ 20, 2008
Indian Economy: Prospects for Growth with Stability
Mr. Gopinath Pillai, Chairman, Institute of South Asian Studies (ISAS); Mr. Heng Swee Keat, Managing Director, Monetary Authority of Singapore (MAS); Dr. Jaishankar, Honorable High Commissioner; and distinguished friends. I deeply appreciate the invitation from the ISAS to address this august gathering of policy makers, eminent academics, and market participants of Singapore. Singapore is an important financial center of the world and a very special partner for India,
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Mr. Gopinath Pillai, Chairman, Institute of South Asian Studies (ISAS); Mr. Heng Swee Keat, Managing Director, Monetary Authority of Singapore (MAS); Dr. Jaishankar, Honorable High Commissioner; and distinguished friends. I deeply appreciate the invitation from the ISAS to address this august gathering of policy makers, eminent academics, and market participants of Singapore. Singapore is an important financial center of the world and a very special partner for India,
ଅପ୍ରେଲ 19, 2008
The Role of Fiscal and Monetary Policies in Sustaining Growth with Stability in India
Rakesh Mohan* The performance of the Indian economy in recent years has attracted increasing international interest. This conference is therefore a timely one to take stock of what has happened and to also deepen our understanding of the policies and processes that have led to the current trends. This paper focuses on the role of fiscal and monetary policies in the evolution of the Indian economy over the years, with particular attention being given to the reforms und
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
Rakesh Mohan* The performance of the Indian economy in recent years has attracted increasing international interest. This conference is therefore a timely one to take stock of what has happened and to also deepen our understanding of the policies and processes that have led to the current trends. This paper focuses on the role of fiscal and monetary policies in the evolution of the Indian economy over the years, with particular attention being given to the reforms und
ଅପ୍ରେଲ 15, 2008
Government-owned Investment Vehicles and Capital Flows: Indian Perspective
Chairman Bill Rhodes, distinguished speakers and fellow participants, I am thankful to the organisers for inviting me to participate in the Roundtable on a subject of great contemporary relevance. The invite has provoked me to deliberate on the subject, hear distinguished speakers and also meet here to interact with friends. We know that government-owned investment vehicles (GIVs), also referred to as Sovereign Wealth Funds (SWFs), existed for long but they have acqui
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Chairman Bill Rhodes, distinguished speakers and fellow participants, I am thankful to the organisers for inviting me to participate in the Roundtable on a subject of great contemporary relevance. The invite has provoked me to deliberate on the subject, hear distinguished speakers and also meet here to interact with friends. We know that government-owned investment vehicles (GIVs), also referred to as Sovereign Wealth Funds (SWFs), existed for long but they have acqui
ଅପ୍ରେଲ 10, 2008
Banks' Relationship with Customers - Evolving Perspectives
I feel it a privilege to be associated with today's function as a tribute to the late Mr. M.R.Pai, the doyen of consumer activism in India. He successfully championed the cause of consumers, particularly bank depositors, during a different economic setting when the institutional dynamics were different, particularly for the public sector, and customer as a generic entity had not acquired the high pedestal in public discourses and management meetings. Times have change
Smt. Shyamala Gopinath, Deputy Governor, Reserve Bank of India
I feel it a privilege to be associated with today's function as a tribute to the late Mr. M.R.Pai, the doyen of consumer activism in India. He successfully championed the cause of consumers, particularly bank depositors, during a different economic setting when the institutional dynamics were different, particularly for the public sector, and customer as a generic entity had not acquired the high pedestal in public discourses and management meetings. Times have change
ମାର୍ଚ୍ଚ 31, 2008
The Indian Economy and the Reserve Bank of India: Random Thoughts
Shri Johny Joseph, Shri Kale and friends,I am grateful to the organisers for bestowing on me the honour of delivering the prestigious Yeshwantrao Chavan Memorial Lecture 2007-08. I must compliment the Indian Institute of Public Administration (IIPA), Maharashtra Branch, for organising the Memorial Lecture. By accepting this invitation, I am also acknowledging a debt of gratitude to IIPA. I am a Life Member of IIPA. While doing research for Ph.D in 1960s, I extensively
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Shri Johny Joseph, Shri Kale and friends,I am grateful to the organisers for bestowing on me the honour of delivering the prestigious Yeshwantrao Chavan Memorial Lecture 2007-08. I must compliment the Indian Institute of Public Administration (IIPA), Maharashtra Branch, for organising the Memorial Lecture. By accepting this invitation, I am also acknowledging a debt of gratitude to IIPA. I am a Life Member of IIPA. While doing research for Ph.D in 1960s, I extensively
ମାର୍ଚ୍ଚ 07, 2008
Financial Globalisation, Growth and Stability: An Indian Perspective
Chairman Nout Wellink, Governor Noyer, distinguished academics and fellow central bankers,I am thankful to the Banque de France for giving me this opportunity to participate in the International Symposium on "Globalisation, Inflation and Monetary Policy". I will present some of the aspects of the Indian experience on the subject and conclude by briefly flagging select issues in the light of recent global developments. Financial Sector Reforms In India, reforms to impr
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Chairman Nout Wellink, Governor Noyer, distinguished academics and fellow central bankers,I am thankful to the Banque de France for giving me this opportunity to participate in the International Symposium on "Globalisation, Inflation and Monetary Policy". I will present some of the aspects of the Indian experience on the subject and conclude by briefly flagging select issues in the light of recent global developments. Financial Sector Reforms In India, reforms to impr
ଫେବୃଆରୀ 14, 2008
The Growth Record of the Indian Economy, 1950-2008: A Story of Sustained Savings and Investment
Rakesh Mohan* I deem it a real privilege to visit the Institute of Economic Growth to deliver the keynote address at this prestigious conference on growth and macroeconomic issues and challenges in India. I am particularly happy that this Conference is being organised by the Institute as a part of its Golden Jubilee celebrations. The Institute has established a long and creditable track record of contributing to economic research consistently over its 50 years history
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
Rakesh Mohan* I deem it a real privilege to visit the Institute of Economic Growth to deliver the keynote address at this prestigious conference on growth and macroeconomic issues and challenges in India. I am particularly happy that this Conference is being organised by the Institute as a part of its Golden Jubilee celebrations. The Institute has established a long and creditable track record of contributing to economic research consistently over its 50 years history
ଫେବୃଆରୀ 01, 2008
Capital Flows to India
Rakesh Mohan* Introduction In most of the period since the mid-1990s, external sector developments in India have been marked by strong capital flows. Capital flows to India, which were earlier mainly confined to small official concessional finance, gained momentum from the 1990s after the initiation of economic reforms. Apart from increase in size, capital flows to India have undergone a compositional shift from predominantly official and private debt flows to non-deb
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
Rakesh Mohan* Introduction In most of the period since the mid-1990s, external sector developments in India have been marked by strong capital flows. Capital flows to India, which were earlier mainly confined to small official concessional finance, gained momentum from the 1990s after the initiation of economic reforms. Apart from increase in size, capital flows to India have undergone a compositional shift from predominantly official and private debt flows to non-deb
ଜାନୁଆରୀ 03, 2008
Some Comments on Macro-Stability in Indian Economy
Professor Nachane, Professor Radhakrishna, distinguished academics and friends, I am thankful to Indira Gandhi Institute of Development Research (IGIDR) for granting me the honour of releasing the India Development Report 2008 (IDR 2008). This is the fifth in the series and I wish to place on record our deep appreciation of the contribution made by Professor Kirit Parikh for the initiative and for establishing a tradition of high quality. I had the benefit of studying
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Professor Nachane, Professor Radhakrishna, distinguished academics and friends, I am thankful to Indira Gandhi Institute of Development Research (IGIDR) for granting me the honour of releasing the India Development Report 2008 (IDR 2008). This is the fifth in the series and I wish to place on record our deep appreciation of the contribution made by Professor Kirit Parikh for the initiative and for establishing a tradition of high quality. I had the benefit of studying
ଡିସେମ୍ବର 04, 2007
The Rise of Asia – Implications for the Global Economy
The Honourable Vice-President of Mauritius, Honourable Ministers, Respected Governor Rundheersing Bheenick, Mr. Googoolye, Dr. Khadaroo, Directors of the Board of the Bank of Mauritius and distinguished friends. It is a great honour and privilege to be invited to deliver a Memorial Lecture on the occasion of the 40th Anniversary Celebrations of the Bank of Mauritius. The invitation is yet another demonstration of not only the close ties between India and Mauritius but
Dr. Y. V. Reddy, Governor, Reserve Bank of India
The Honourable Vice-President of Mauritius, Honourable Ministers, Respected Governor Rundheersing Bheenick, Mr. Googoolye, Dr. Khadaroo, Directors of the Board of the Bank of Mauritius and distinguished friends. It is a great honour and privilege to be invited to deliver a Memorial Lecture on the occasion of the 40th Anniversary Celebrations of the Bank of Mauritius. The invitation is yet another demonstration of not only the close ties between India and Mauritius but
ଡିସେମ୍ବର 04, 2007
Central Banking and Academia
Address by Professor Rundheersing Bheenick, Governor of the Bank of Mauritius, at the University of Mauritius proposing the conferment of the degree of Doctor of Civil Law honoris causa upon Dr Y V Reddy, Gov. of the RB of India, Port Louis, 3 Dec 2007.Honourable Chancellor, Sir Ramesh Jewoolall, Respected Pro-Chancellor Professor Jugessur, Respected Vice-Chancellor, Professor Fagoonee, Governor Bheenick, distinguished academics, and friends,It is a great honour and p
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Address by Professor Rundheersing Bheenick, Governor of the Bank of Mauritius, at the University of Mauritius proposing the conferment of the degree of Doctor of Civil Law honoris causa upon Dr Y V Reddy, Gov. of the RB of India, Port Louis, 3 Dec 2007.Honourable Chancellor, Sir Ramesh Jewoolall, Respected Pro-Chancellor Professor Jugessur, Respected Vice-Chancellor, Professor Fagoonee, Governor Bheenick, distinguished academics, and friends,It is a great honour and p
ନଭେମ୍ବର 27, 2007
Global Developments and Indian Perspectives: Some random thoughts
Dr. Khandelwal, Mr. Rao and distinguished friends,I am happy to be here with the banking fraternity to participate in the Bankers’ Conference 2007. I find that there are several conference papers which are of high quality. In fact, they provoked me to think through some of the issues that emanate from the analysis and also some facets which might have escaped the attention of the authors. The result is an urge to share some consequential random thoughts on global deve
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Dr. Khandelwal, Mr. Rao and distinguished friends,I am happy to be here with the banking fraternity to participate in the Bankers’ Conference 2007. I find that there are several conference papers which are of high quality. In fact, they provoked me to think through some of the issues that emanate from the analysis and also some facets which might have escaped the attention of the authors. The result is an urge to share some consequential random thoughts on global deve
ନଭେମ୍ବର 26, 2007
The growing importance of emerging economies in the globalised world and its implications for the international financial architecture
I. Introduction II. The growing importance of the emerging markets in the global economy III. Implications for the international financial architecture IV Concluding remarks I. IntroductionLadies and gentlemen,It is a great honour for me to give this lecture to pay tribute to the memory of the late Shri Lakshmi Kant Jha.L.K. Jha was a man of many talents: a distinguished administrator, a diplomat and an eminent economist. He was the first Chairman of the General Agree
Jean-Claude Trichet, President of the European Central Bank
I. Introduction II. The growing importance of the emerging markets in the global economy III. Implications for the international financial architecture IV Concluding remarks I. IntroductionLadies and gentlemen,It is a great honour for me to give this lecture to pay tribute to the memory of the late Shri Lakshmi Kant Jha.L.K. Jha was a man of many talents: a distinguished administrator, a diplomat and an eminent economist. He was the first Chairman of the General Agree
ନଭେମ୍ବର 16, 2007
Urbanisation and Globalisation in the Twenty First Century: Emerging Challenges
I. Background Let me first say how honoured I am to have been invited here to deliver this opening address. When I received the invitation I was rather surprised – what do central bankers have to do with issues related to urbanization and urban problems?  I thought that since the first week is devoted to financing water, shelter and sanitation, there must be a case of mistaken identity – I do have a namesake who was Chairman of the Delhi Water Board.  But si
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
I. Background Let me first say how honoured I am to have been invited here to deliver this opening address. When I received the invitation I was rather surprised – what do central bankers have to do with issues related to urbanization and urban problems?  I thought that since the first week is devoted to financing water, shelter and sanitation, there must be a case of mistaken identity – I do have a namesake who was Chairman of the Delhi Water Board.  But si
ନଭେମ୍ବର 02, 2007
Evolving role of the Reserve Bank of India: Recent Developments
Respected Professor Vyas, distinguished participants, ladies and gentlemen, I am indeed thankful to the Institute of Development Studies and Professor Vyas for providing me this opportunity to share my thoughts with you today on the “Evolving role of the Reserve Bank of India: Recent Developments”. My association with Professor Vyas has been long, but it became closer since November 2000, when he was appointed as a director on the Central Board of the Reserve Bank of
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Respected Professor Vyas, distinguished participants, ladies and gentlemen, I am indeed thankful to the Institute of Development Studies and Professor Vyas for providing me this opportunity to share my thoughts with you today on the “Evolving role of the Reserve Bank of India: Recent Developments”. My association with Professor Vyas has been long, but it became closer since November 2000, when he was appointed as a director on the Central Board of the Reserve Bank of
ଅକ୍ଟୋବର 18, 2007
Some Perspectives on the Indian Economy
Mr. Chairman and Friends,             I am greatly honored by the invitation extended to me by the Peterson Institute for International Economics to share some of my thoughts on the Indian economy. This meeting is reflective of the recently observed growing interest and confidence in the status and future of the Indian economy. Today, I intend to submit that, since independence in 1947, the Indian economy has been
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Mr. Chairman and Friends,             I am greatly honored by the invitation extended to me by the Peterson Institute for International Economics to share some of my thoughts on the Indian economy. This meeting is reflective of the recently observed growing interest and confidence in the status and future of the Indian economy. Today, I intend to submit that, since independence in 1947, the Indian economy has been
ଅକ୍ଟୋବର 16, 2007
India at 60 in a Changing World: Next 20 Years
Mr. Chairman, distinguished speakers and friends On behalf of the Reserve Bank of India (RBI) and on my own behalf, I would like to express our deep appreciation to LSE and, in particular, to Mr. Howard Davies, the Director, for his initiatives in establishing the India Observatory (IO). RBI is doubly privileged to be associated with the IO, as a partner, since it is in honour of Dr. I.G. Patel, one of my distinguished predecessors, and also because the economic polic
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Mr. Chairman, distinguished speakers and friends On behalf of the Reserve Bank of India (RBI) and on my own behalf, I would like to express our deep appreciation to LSE and, in particular, to Mr. Howard Davies, the Director, for his initiatives in establishing the India Observatory (IO). RBI is doubly privileged to be associated with the IO, as a partner, since it is in honour of Dr. I.G. Patel, one of my distinguished predecessors, and also because the economic polic

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ପେଜ୍ ଅନ୍ତିମ ଅପଡେଟ୍ ହୋଇଛି: ନଭେମ୍ବର 06, 2024