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జూన్ 27, 2008
The Virtues and Vices of Talking About Monetary Policy: Some Comments
Governor Yilmaz, Professor Alan Blinder, Professor Benjamin Friedman, fellow-Governors, and distinguished academics, I am honoured by the invitation from the Bank for International Settlements to be a discussant, for a Paper by the eminent and respected scholar, Professor Alan Blinder. It is virtually impossible to add value to the comprehensive and incisive analysis of the subject in the Paper, which is on a subject of great relevance to central bankers. My comments
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Governor Yilmaz, Professor Alan Blinder, Professor Benjamin Friedman, fellow-Governors, and distinguished academics, I am honoured by the invitation from the Bank for International Settlements to be a discussant, for a Paper by the eminent and respected scholar, Professor Alan Blinder. It is virtually impossible to add value to the comprehensive and incisive analysis of the subject in the Paper, which is on a subject of great relevance to central bankers. My comments
జూన్ 19, 2008
Fiscal Policy and Economic Reforms
Respected Professor Govinda Rao and distinguished scholars, I am honoured by my friend, Prof. Govinda Rao’s, kind invitation to me to visit the National Institute of Public Finance and Policy (NIPFP). I had the opportunity of working very closely with the NIPFP on several occasions. Apart from my personal affinity to the NIPFP, there is a close relationship between the Reserve Bank of India (RBI) and the NIPFP, from an institutional point of view also. For instance, P
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Respected Professor Govinda Rao and distinguished scholars, I am honoured by my friend, Prof. Govinda Rao’s, kind invitation to me to visit the National Institute of Public Finance and Policy (NIPFP). I had the opportunity of working very closely with the NIPFP on several occasions. Apart from my personal affinity to the NIPFP, there is a close relationship between the Reserve Bank of India (RBI) and the NIPFP, from an institutional point of view also. For instance, P
జూన్ 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
జూన్ 02, 2008
Inclusive financial system for the aged
Changing Contours of Indian Population India, the seventh largest country in size, continues to occupy the second largest populated country after China. The aged population in India (i.e. over 60 years) that stood at 84.7 million (7.5 per cent) in 2005 is expected to rise to 141 million (10.2 per cent) by 2020 and thereafter reach 194 million (13 per cent) in 2030. Even though income levels are going up and poverty declining, it can be reasonably expected that a signi
Smt. Usha Thorat, Deputy Governor, Reserve Bank of India
Changing Contours of Indian Population India, the seventh largest country in size, continues to occupy the second largest populated country after China. The aged population in India (i.e. over 60 years) that stood at 84.7 million (7.5 per cent) in 2005 is expected to rise to 141 million (10.2 per cent) by 2020 and thereafter reach 194 million (13 per cent) in 2030. Even though income levels are going up and poverty declining, it can be reasonably expected that a signi
జూన్ 02, 2008
Ensuring Dignity for Indian Customer : Task Ahead for Indian Banks
Ladies and gentlemen, It gives me great pleasure to be amidst my banker friends on the occasion of IBA’s 61st AGM The activities of the IBA have grown in diversity and scale in the recent period, not in small measure due to the dynamic leadership of CEO Mr Sinor, who I understood was to have demitted office on 31st May, but I believe has been persuaded by the Chairman to continue for a while. Chairman Mr Rao, Deputy Chairmen Mr Khandelwal, Mr Narayanswami and Mr Nayar
Smt. Usha Thorat, Deputy Governor, Reserve Bank of India
Ladies and gentlemen, It gives me great pleasure to be amidst my banker friends on the occasion of IBA’s 61st AGM The activities of the IBA have grown in diversity and scale in the recent period, not in small measure due to the dynamic leadership of CEO Mr Sinor, who I understood was to have demitted office on 31st May, but I believe has been persuaded by the Chairman to continue for a while. Chairman Mr Rao, Deputy Chairmen Mr Khandelwal, Mr Narayanswami and Mr Nayar
మే 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,
ఏప్రి 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
ఏప్రి 17, 2008
Consolidation in the Indian Financial Sector
Dear Friends, It is my pleasure to be here with you this morning on the occasion of International Banking & Finance Conference 2008 of the Indian Merchants’ Chamber. I am grateful to the organisers for having afforded me this valuable opportunity to address this august audience and share some of my thoughts on the subject of consolidation in the Indian financial sector. The Chamber has indeed come a long way since its establishment in the pre-independence days in
Shri V. Leeladhar, Deputy Governor, Reserve Bank of India
Dear Friends, It is my pleasure to be here with you this morning on the occasion of International Banking & Finance Conference 2008 of the Indian Merchants’ Chamber. I am grateful to the organisers for having afforded me this valuable opportunity to address this august audience and share some of my thoughts on the subject of consolidation in the Indian financial sector. The Chamber has indeed come a long way since its establishment in the pre-independence days in
ఏప్రి 16, 2008
India : The Global Partner
Dean Coatsworth, Professor Bhagwati, Professor Radon, students, faculty and alumni of Columbia University, and members of the wider New York City Community. I am grateful to President Bollinger for extending me an invitation to participate in the prestigious World Leaders Forum at the Low Memorial Library. Distinguished past speakers at the Forum include, I am informed, President Clinton, President Putin, The Dalai Lama and Noble laureate Joseph Stiglitz. I am greatly
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Dean Coatsworth, Professor Bhagwati, Professor Radon, students, faculty and alumni of Columbia University, and members of the wider New York City Community. I am grateful to President Bollinger for extending me an invitation to participate in the prestigious World Leaders Forum at the Low Memorial Library. Distinguished past speakers at the Forum include, I am informed, President Clinton, President Putin, The Dalai Lama and Noble laureate Joseph Stiglitz. I am greatly
ఏప్రి 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

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