Speeches - ਆਰਬੀਆਈ - Reserve Bank of India
Speeches
ਜਨ 13, 2015
Business Standard Best B-School Project Awards Welingkar Institute of Management Development and Research, Mumbai, January 12, 2015
I am honoured to be part of the Business Standard Best B-School Project Awards to be presented today for recognising the bright young talent of business schools in India. I understand that this is the 7th edition of the Award, and 158 colleges have participated from across the country with a wide range of projects. This conveys the high esteem that the award is held in, its popularity among B-School graduates, and the impact it has made over the years in recognising a
Dr. Urjit R. Patel, Deputy Governor, Reserve Bank of India
I am honoured to be part of the Business Standard Best B-School Project Awards to be presented today for recognising the bright young talent of business schools in India. I understand that this is the 7th edition of the Award, and 158 colleges have participated from across the country with a wide range of projects. This conveys the high esteem that the award is held in, its popularity among B-School graduates, and the impact it has made over the years in recognising a
ਜਨ 12, 2015
Public Sector Banks: At Cross Road
Ladies and Gentlemen! It is a pleasure and privilege to be among the banking and industry participantsat this Conference on “Indian PSU Banking Industry: Road Ahead” organised by the Bengal Chamber of Commerce and Industry. The theme of the Conference is very contemporary. In recent times, the PSBs position in the banking pecking order has been seriously challenged. There are lot of churning of ideas to restore greater strength in them. I thought today I can discuss c
Shri R. Gandhi, Deputy Governor, Reserve Bank of India
Ladies and Gentlemen! It is a pleasure and privilege to be among the banking and industry participantsat this Conference on “Indian PSU Banking Industry: Road Ahead” organised by the Bengal Chamber of Commerce and Industry. The theme of the Conference is very contemporary. In recent times, the PSBs position in the banking pecking order has been seriously challenged. There are lot of churning of ideas to restore greater strength in them. I thought today I can discuss c
ਦਸੰ 29, 2014
Banks, Debt Recovery and Regulations: A synergy
Honourable Judges of Debt Recovery Appellate Tribunals (DRATs) and the Presiding Officers of Debt Recovery Tribunals (DRTs) and other distinguished guests. It is an honour for me to address you all here at this Workshop organised under the aegis of CAFRAL. This Workshop comes at a very opportune time when banks are facing multi-dimensional challenges to recover their debts. The rising level of non-performing assets is a major concern of the banking system. In spite of
Shri R. Gandhi, Deputy Governor, Reserve Bank of India
Honourable Judges of Debt Recovery Appellate Tribunals (DRATs) and the Presiding Officers of Debt Recovery Tribunals (DRTs) and other distinguished guests. It is an honour for me to address you all here at this Workshop organised under the aegis of CAFRAL. This Workshop comes at a very opportune time when banks are facing multi-dimensional challenges to recover their debts. The rising level of non-performing assets is a major concern of the banking system. In spite of
ਦਸੰ 12, 2014
Make in India, Largely for India
The global economy is still weak, despite a strengthening recovery in the United States. The Euro area is veering close to recession, Japan has already experienced two quarters of negative growth after a tax hike, and many emerging markets are rethinking their export-led growth models as the industrial world stagnates. In the last couple of years, the IMF has repeatedly reduced its growth forecasts. After 6 years of a tepid post-crisis recovery, the IMF titled its mos
Dr. Raghuram G. Rajan, Governor, Reserve Bank of India
The global economy is still weak, despite a strengthening recovery in the United States. The Euro area is veering close to recession, Japan has already experienced two quarters of negative growth after a tax hike, and many emerging markets are rethinking their export-led growth models as the industrial world stagnates. In the last couple of years, the IMF has repeatedly reduced its growth forecasts. After 6 years of a tepid post-crisis recovery, the IMF titled its mos
ਨਵੰ 25, 2014
Saving Credit
Let me start by thanking the Director of IRMA for inviting me to deliver the Third Dr. Verghese Kurien lecture. Dr. Kurien was a pioneer in the co-operative movement. He not only was instrumental in bringing about the White Revolution but he also built a variety of institutions, including Amul, IRMA, and NDDB. In creating the means by which farmers could get remunerative, stable incomes, even while professionals managed their interactions with the modern market econom
Dr. Raghuram G. Rajan, Governor, Reserve Bank of India
Let me start by thanking the Director of IRMA for inviting me to deliver the Third Dr. Verghese Kurien lecture. Dr. Kurien was a pioneer in the co-operative movement. He not only was instrumental in bringing about the White Revolution but he also built a variety of institutions, including Amul, IRMA, and NDDB. In creating the means by which farmers could get remunerative, stable incomes, even while professionals managed their interactions with the modern market econom
ਨਵੰ 24, 2014
Re-designing Regulatory Framework for NBFCs
The Non-Banking Finance Companies (NBFCs) in India, have evolved over the last fifty years to emerge as notable alternate sources of credit intermediation. The non-bank sector in India is wide and encompasses several financial intermediaries like the loan and investment companies, housing finance companies, the infrastructure finance companies, the asset finance companies, core investment companies, micro finance companies and factoring companies. In a broader sense,
Shri R. Gandhi, Deputy Governor, Reserve Bank of India
The Non-Banking Finance Companies (NBFCs) in India, have evolved over the last fifty years to emerge as notable alternate sources of credit intermediation. The non-bank sector in India is wide and encompasses several financial intermediaries like the loan and investment companies, housing finance companies, the infrastructure finance companies, the asset finance companies, core investment companies, micro finance companies and factoring companies. In a broader sense,
ਨਵੰ 21, 2014
Economic Outlook and Role of Monetary Policy in funding Infrastructure projects
Delegates to the Summit, ladies and gentlemen! It is indeed a pleasure to be here this morning to interact with you. I thank Citibank and in particular, Mr. Pramit Jhaveri for inviting me to this summit. I must say that the theme for the summit is more topical than ever before in the aftermath of the Global Financial Crisis. We are seeing some positives towards recovery from the downtrend witnessed by the Indian economy since 2007-08. You have already heard the perspe
Shri S. S. Mundra, Deputy Governor, Reserve Bank of India
Delegates to the Summit, ladies and gentlemen! It is indeed a pleasure to be here this morning to interact with you. I thank Citibank and in particular, Mr. Pramit Jhaveri for inviting me to this summit. I must say that the theme for the summit is more topical than ever before in the aftermath of the Global Financial Crisis. We are seeing some positives towards recovery from the downtrend witnessed by the Indian economy since 2007-08. You have already heard the perspe
ਨਵੰ 19, 2014
Emerging contours of Regulation and Supervision in the Indian Banking Sector
Delegates to the conference, ladies and gentlemen! It is a pleasure to be here this morning to interact with you all. At the outset, I would like to thank Axis Capital Limited and especially Mr. Nilesh Shah, for inviting me to address the participants. 2. During 2013-14, amid slow growth and high inflation, the Indian economy had to contend with serious challenges to external stability emanating from an unsustainably high current account deficit (CAD), capital outflow
Shri S. S. Mundra, Deputy Governor, Reserve Bank of India
Delegates to the conference, ladies and gentlemen! It is a pleasure to be here this morning to interact with you all. At the outset, I would like to thank Axis Capital Limited and especially Mr. Nilesh Shah, for inviting me to address the participants. 2. During 2013-14, amid slow growth and high inflation, the Indian economy had to contend with serious challenges to external stability emanating from an unsustainably high current account deficit (CAD), capital outflow
ਨਵੰ 10, 2014
Structure of Foreign banks for emerging nations – Indian case
Ladies and Gentlemen! It is a pleasure and privilege to be among the banking and finance industry participants and fellow regulators in this ASIFMA Annual Conference on Developing Asia’s Capital Market. The theme of the Conference is very contemporary. Though the theme relates to Capital Market, I also find that you had included credit and banking in the discussions. And I find that one of the panel sessions was specific to India, besides many other sessions which als
Shri R. Gandhi, Deputy Governor, Reserve Bank of India
Ladies and Gentlemen! It is a pleasure and privilege to be among the banking and finance industry participants and fellow regulators in this ASIFMA Annual Conference on Developing Asia’s Capital Market. The theme of the Conference is very contemporary. Though the theme relates to Capital Market, I also find that you had included credit and banking in the discussions. And I find that one of the panel sessions was specific to India, besides many other sessions which als
ਨਵੰ 07, 2014
Fortifying Cooperatives – Efforts to strengthen the Short Term Cooperative Credit Structure
Ladies and gentlemen! 1. I am very happy to be here today to share with you the present status of co-operatives in general and the role of rural cooperative banks as an institution, in particular. I feel honoured to be here with you all and inaugurate this Orientation Programme on Investment in Government Securities. Let me, at the outset, convey my thanks to the Regional Director for Maharashtra and Goa for inviting me to speak on this important occasion. 2. The thre
Dr. (Smt.) Deepali Pant Joshi, Executive Director, Reserve Bank of India
Ladies and gentlemen! 1. I am very happy to be here today to share with you the present status of co-operatives in general and the role of rural cooperative banks as an institution, in particular. I feel honoured to be here with you all and inaugurate this Orientation Programme on Investment in Government Securities. Let me, at the outset, convey my thanks to the Regional Director for Maharashtra and Goa for inviting me to speak on this important occasion. 2. The thre
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