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అక్టో 06, 1997
Indian Banking - Second Phase of Reforms - Issues and Imperatives
1.It gives me great pleasure to be in your midst this morning and to participate once again in the Annual Conference of Bank Economists. I am indeed happy that these Conferences have become occasions for serious discussions on the issues facing the banking industry. 2.The theme of the current years' Conference is `Indian Banking: Second Phase of Reforms'. Even as we begin discussing about what should constitute the second phase of reforms, it is perhaps appropriate to
Dr. C. Rangarajan, Governor, Reserve Bank of India
1.It gives me great pleasure to be in your midst this morning and to participate once again in the Annual Conference of Bank Economists. I am indeed happy that these Conferences have become occasions for serious discussions on the issues facing the banking industry. 2.The theme of the current years' Conference is `Indian Banking: Second Phase of Reforms'. Even as we begin discussing about what should constitute the second phase of reforms, it is perhaps appropriate to
అక్టో 03, 1997
Indian Economy: Current Trends and Immediate Prospects
1. In my address this evening I would like to focus on the current developments in the Indian economy and the immediate prospects. The decade of the 90s has seen India rapidly transforming into a high growth economy. There has been an enormous change in the economic environment since 1991, with the introduction of reforms as part of a comprehensive stabilisation and structural adjustment programme. The basic objectives of the current reform programme have been to remo
Dr. C. Rangarajan, Governor, Reserve Bank of India
1. In my address this evening I would like to focus on the current developments in the Indian economy and the immediate prospects. The decade of the 90s has seen India rapidly transforming into a high growth economy. There has been an enormous change in the economic environment since 1991, with the introduction of reforms as part of a comprehensive stabilisation and structural adjustment programme. The basic objectives of the current reform programme have been to remo
అక్టో 03, 1997
Governor's address at the Special convocation to confer the honorary title Fellow of the Indian Institute of Management Ahmedabad
It gives me immense pleasure to be on the campus of the Indian Institute of Management. I accept in all humility the Award of the title 'Fellow of the Indian Institute of Management', Ahmedabad. What can be a greater honour than the recognition by one's own peers and family. I look back with immense satisfaction the years that I spent on the campus here. Those fourteen years marked the most productive period of my academic life. It is no mean task to have created here
Dr. C. Rangarajan, Governor, Reserve Bank of India
It gives me immense pleasure to be on the campus of the Indian Institute of Management. I accept in all humility the Award of the title 'Fellow of the Indian Institute of Management', Ahmedabad. What can be a greater honour than the recognition by one's own peers and family. I look back with immense satisfaction the years that I spent on the campus here. Those fourteen years marked the most productive period of my academic life. It is no mean task to have created here
సెప్టెం 29, 1997
Annual Meetings of the World Bank Group and International Monetary Fund
Statement by the Honorable C. Rangarajan Governor, Reserve Bank of India Leader of Indian Delegation Annual Meetings, Hong Kong Mr. Chairman: The Annual Meetings of the World Bank Group and the International Monetary Fund at Hong Kong, China are of historic significane, coming as they do immediately after the unification of Hong Kong with China. In many ways Hong Kong epitomizes the tremendous potential for economic development through openness to foreign trade and in
Dr. C. Rangarajan, Governor, Reserve Bank of India
Statement by the Honorable C. Rangarajan Governor, Reserve Bank of India Leader of Indian Delegation Annual Meetings, Hong Kong Mr. Chairman: The Annual Meetings of the World Bank Group and the International Monetary Fund at Hong Kong, China are of historic significane, coming as they do immediately after the unification of Hong Kong with China. In many ways Hong Kong epitomizes the tremendous potential for economic development through openness to foreign trade and in
ఆగ 30, 1997
Silver Jubilee National Convention and Third International Conference of the Institute of Company Secretaries of India by C.Rangarajan at Hyderabad
1. The last few years have seen a marked upsurge of interest in the subject of corporate governance. There is widespread feeling that the system of corporate governance is in need of reform although there is no clear consensus on the nature of changes necessary. Corporate governance itself is a term that is not well defined. It may be said to include the policies and procedures adopted by a company in achieving its objectives in relation to its shareholders, employees
Dr. C. Rangarajan, Governor, Reserve Bank of India
1. The last few years have seen a marked upsurge of interest in the subject of corporate governance. There is widespread feeling that the system of corporate governance is in need of reform although there is no clear consensus on the nature of changes necessary. Corporate governance itself is a term that is not well defined. It may be said to include the policies and procedures adopted by a company in achieving its objectives in relation to its shareholders, employees
ఆగ 30, 1997
SBICAP Debt Market Seminar 1997
Activating Debt Markets in India 1. I have great pleasure in being with you this morning. I would like to congratulate the SBICAP for organising the seminar on `Activating Debt Markets in India'. This subject has assumed greater significance in the context of the ongoing financial sector reforms and the efforts to widen and deepen the financial system. Role and Significance 2. Debt market, otherwise called the Fixed Income Securities Market, apart from being a source
Dr. C. Rangarajan, Governor, Reserve Bank of India
Activating Debt Markets in India 1. I have great pleasure in being with you this morning. I would like to congratulate the SBICAP for organising the seminar on `Activating Debt Markets in India'. This subject has assumed greater significance in the context of the ongoing financial sector reforms and the efforts to widen and deepen the financial system. Role and Significance 2. Debt market, otherwise called the Fixed Income Securities Market, apart from being a source
ఆగ 30, 1997
Inauguration of Andhra Bank Credit Card Transaction Automation Project
1. It gives me a great pleasure to be in your midst this morning and I am delighted to participate in this function which marks another important milestone in the development of Andhra Bank. 2. I am indeed heartened to note the progress that the Andhra Bank has made in the last few years and more particularly in the year 1996-97 and as Mr.Narayanan pointed out almost all parameters of operational efficiency have improved during 1996-97. Mr. Narayanan, Mr.Ganiga and th
Dr. C. Rangarajan, Governor, Reserve Bank of India
1. It gives me a great pleasure to be in your midst this morning and I am delighted to participate in this function which marks another important milestone in the development of Andhra Bank. 2. I am indeed heartened to note the progress that the Andhra Bank has made in the last few years and more particularly in the year 1996-97 and as Mr.Narayanan pointed out almost all parameters of operational efficiency have improved during 1996-97. Mr. Narayanan, Mr.Ganiga and th
ఆగ 29, 1997
On the conferment of schedule status and successful completion of Mahesh Bank
1. I have great pleasure in being with you this evening and participate in the function organised to declare the A.P. Mahesh Co-operative Urban Bank Ltd. as a scheduled urban co-operative bank. It is heartening to note that the A.P. Mahesh Co-operative Urban Bank Ltd. is the first urban co-operative bank in the Southern India to acquire the scheduled status. The successive Boards of Management deserve complements for making significant strides in building up a strong
Dr. C. Rangarajan, Governor, Reserve Bank of India
1. I have great pleasure in being with you this evening and participate in the function organised to declare the A.P. Mahesh Co-operative Urban Bank Ltd. as a scheduled urban co-operative bank. It is heartening to note that the A.P. Mahesh Co-operative Urban Bank Ltd. is the first urban co-operative bank in the Southern India to acquire the scheduled status. The successive Boards of Management deserve complements for making significant strides in building up a strong
ఆగ 20, 1997
The Role and Regulation of NBFCs
Address by S.P. Talwar Deputy Governor Reserve Bank of India at Round Table on 'The Role and Regulation of NBFCs' Organised by The Associated Chambers of Commerce & Industry of India, New Delhi on August 20, 1997 'The Role and Regulation of NBFCs' The Indian economy is going through a period of rapid `financial isation'. Today, the `intermediation' is being conducted by a wide range of financial institution through plethora of customer friendly financial products.
Shri S. P. Talwar, Deputy Governor, Reserve Bank of India
Address by S.P. Talwar Deputy Governor Reserve Bank of India at Round Table on 'The Role and Regulation of NBFCs' Organised by The Associated Chambers of Commerce & Industry of India, New Delhi on August 20, 1997 'The Role and Regulation of NBFCs' The Indian economy is going through a period of rapid `financial isation'. Today, the `intermediation' is being conducted by a wide range of financial institution through plethora of customer friendly financial products.
ఆగ 15, 1997
Exchange Rate Management : Dilemmas
Inaugural Address by Dr. Y.V. Reddy, Deputy Governor, Reserve Bank of India at XIth National Assembly Forex Association of India at Hotel Cidade De Goa, Goa, on August 15, 1997 Exchange Rate Management : Dilemmas Mr Chairman and friends, I am thankful to the organisers of the XI th National Assembly of the Forex Association of India for giving me an opportunity to share with you the dilemmas that we face in foreign exchange management. The fifty years since independen
Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India
Inaugural Address by Dr. Y.V. Reddy, Deputy Governor, Reserve Bank of India at XIth National Assembly Forex Association of India at Hotel Cidade De Goa, Goa, on August 15, 1997 Exchange Rate Management : Dilemmas Mr Chairman and friends, I am thankful to the organisers of the XI th National Assembly of the Forex Association of India for giving me an opportunity to share with you the dilemmas that we face in foreign exchange management. The fifty years since independen

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