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జులై 17, 1998
India among the leaders of 21st century: Fifth L.K. Jha Memorial Lecture
Mr. Governor, relatives of the late Mr. L.K. Jha, ladies and gentlemen : Dangerous, often fatal, is the prophet's calling. Most are put to death. That was nearly UNCTAD's fate a couple of years ago. The few survivors of the lynch mob usually succumb to one of two evils. The first is the ugly sin of Schadenfreude, that is, rejoicing in other people's misfortune. The second is the loss of face they suffer when their predictions do not come true. Things have worsened so
Mr. Rubens Ricupero, Secretary-General of UNCTAD
Mr. Governor, relatives of the late Mr. L.K. Jha, ladies and gentlemen : Dangerous, often fatal, is the prophet's calling. Most are put to death. That was nearly UNCTAD's fate a couple of years ago. The few survivors of the lynch mob usually succumb to one of two evils. The first is the ugly sin of Schadenfreude, that is, rejoicing in other people's misfortune. The second is the loss of face they suffer when their predictions do not come true. Things have worsened so
జూన్ 03, 1998
Interest Rates in India : Status and Issues
Address at the Inaugural Conference of Fixed Income Money Market and Derivatives Association of India (FIMMDA) by Dr.Y.V.Reddy, Deputy Governor, Reserve Bank of India, on June 3, 1998 at Mumbai. Interest Rates in India : Status and Issues Friends, I am happy to be here at the inaugural conference to commemorate the incorporation of Fixed Income Money Market and Derivatives Association of India (FIMMDA). Let me, at the outset, congratulate the organisers who have taken
Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India
Address at the Inaugural Conference of Fixed Income Money Market and Derivatives Association of India (FIMMDA) by Dr.Y.V.Reddy, Deputy Governor, Reserve Bank of India, on June 3, 1998 at Mumbai. Interest Rates in India : Status and Issues Friends, I am happy to be here at the inaugural conference to commemorate the incorporation of Fixed Income Money Market and Derivatives Association of India (FIMMDA). Let me, at the outset, congratulate the organisers who have taken
మే 08, 1998
Science, Technology and Development: Sir Vithal N. Chandavarkar Memorial Lecture
I am grateful to the Indian Institute of Science, unique Institute committed to advanced research and education on Science and Technology for asking me to deliver this lecture in the memory of Sir Vithal N. Chandravarkar. As a non-scientist, I feel specially privileged to be invited to address this distinguished audience in this famous institution. Sir Vithal Chandravarkar, a barrister by profession, was a towering personality in Indian public life. The University of
Dr. Bimal Jalan, Governor, Reserve Bank of India
I am grateful to the Indian Institute of Science, unique Institute committed to advanced research and education on Science and Technology for asking me to deliver this lecture in the memory of Sir Vithal N. Chandravarkar. As a non-scientist, I feel specially privileged to be invited to address this distinguished audience in this famous institution. Sir Vithal Chandravarkar, a barrister by profession, was a towering personality in Indian public life. The University of
మే 02, 1998
Monetary and Credit Policy Continuity, Context, Change and Challenges
Address by Dr.Y.V.Reddy, Deputy Governor, at Reserve Bank of India, Chennai, on May 2, 1998. Monetary and credit policy has, recently been attracting serious public attention and interest. The media, the intellectuals, the business community and in fact, people in almost all walks of life in India have been showing interest in understanding the policy and its implications and the manner in which it affects them. There is also a close observation of the stance of polic
Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India
Address by Dr.Y.V.Reddy, Deputy Governor, at Reserve Bank of India, Chennai, on May 2, 1998. Monetary and credit policy has, recently been attracting serious public attention and interest. The media, the intellectuals, the business community and in fact, people in almost all walks of life in India have been showing interest in understanding the policy and its implications and the manner in which it affects them. There is also a close observation of the stance of polic
మే 01, 1998
Asian Crisis: Asking Right Questions
Mr. Chairman and Friends, I am grateful to the organisers for giving me this opportunity to be with you and, derive the benefit of interaction, with a set of distinguished and knowledgeable people. The Asian crisis has been a matter of wide debate, and I doubt whether much new light can be shed on it. At the same time, I wonder whether many of us have been able to fully comprehend the causes, cure or consequences of the crisis. Perhaps one useful way of crystallising
Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India
Mr. Chairman and Friends, I am grateful to the organisers for giving me this opportunity to be with you and, derive the benefit of interaction, with a set of distinguished and knowledgeable people. The Asian crisis has been a matter of wide debate, and I doubt whether much new light can be shed on it. At the same time, I wonder whether many of us have been able to fully comprehend the causes, cure or consequences of the crisis. Perhaps one useful way of crystallising
మార్చి 23, 1998
Inaugural address - Primary Dealers Association of India
Inaugural address by Dr. Y.V. Reddy, Deputy Governor, Reserve Bank of India at Primary dealers association of India on March 23, 1998 at Taj Mahal Hotel, Mumbai Chairman Mr.Mukherji and friends, I am happy to be here at the inaugural function of the Primary Dealers Association of India. This is a culmination of the continuous efforts made by the first set of Primary Dealers registered in 1996. I consider today's event as an important landmark in the development of Gov
Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India
Inaugural address by Dr. Y.V. Reddy, Deputy Governor, Reserve Bank of India at Primary dealers association of India on March 23, 1998 at Taj Mahal Hotel, Mumbai Chairman Mr.Mukherji and friends, I am happy to be here at the inaugural function of the Primary Dealers Association of India. This is a culmination of the continuous efforts made by the first set of Primary Dealers registered in 1996. I consider today's event as an important landmark in the development of Gov
మార్చి 21, 1998
High Banking Transaction Costs are a `Deadweight Loss': RBI Governor
Dr. Bimal Jalan, Governor, Reserve Bank of India addressed the participants of a Symposium on Transformation of Indian Banking and Financial System in 50 Years of India's Independence. The two-day Symposium was organised by the Bankers Training College of the Reserve Bank of India in Mumbai on March 20-21 to celebrate the 50th year of India's Independence. The Symposium was attended by senior officers from banks, financial institutions and the Reserve Bank of India. A
Dr. Bimal Jalan, Governor, Reserve Bank of India
Dr. Bimal Jalan, Governor, Reserve Bank of India addressed the participants of a Symposium on Transformation of Indian Banking and Financial System in 50 Years of India's Independence. The two-day Symposium was organised by the Bankers Training College of the Reserve Bank of India in Mumbai on March 20-21 to celebrate the 50th year of India's Independence. The Symposium was attended by senior officers from banks, financial institutions and the Reserve Bank of India. A
మార్చి 17, 1998
Seminar on Regulatory Framework for Non-Banking Financial Companies Key Note
Seminar on Regulatory framework for Non-Banking Financial Companies Key Note Address by Shri S. P. Talwar, Deputy Governor, Reserve Bank of India Central Office Mumbai 17th March, 1998 Distinguished delegates, guests, ladies and gentlemen, I extend a hearty welcome to you all to this Seminar which is taking place at a time when the NBFC sector is passing through a critical time and the process of its consolidation has just set in. With a view to effectively disseminat
Shri S. P. Talwar, Deputy Governor, Reserve Bank of India
Seminar on Regulatory framework for Non-Banking Financial Companies Key Note Address by Shri S. P. Talwar, Deputy Governor, Reserve Bank of India Central Office Mumbai 17th March, 1998 Distinguished delegates, guests, ladies and gentlemen, I extend a hearty welcome to you all to this Seminar which is taking place at a time when the NBFC sector is passing through a critical time and the process of its consolidation has just set in. With a view to effectively disseminat
ఫిబ్ర 28, 1998
State Finances and RBI Initiatives
It is a great honour, and pleasure to be with you all here, on this important occasion. Do I have a choice, when the distinguished Advisory Board of Data News Features summons me? Mr. Hanumantha Rao has been collecting, collating, consolidating and marketing data on Andhra Pradesh economy for decades. He is a pioneer in recognising the importance of data dissemination and in particular data consolidation and analysis at the state level. Perhaps, this is the first comp
Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India
It is a great honour, and pleasure to be with you all here, on this important occasion. Do I have a choice, when the distinguished Advisory Board of Data News Features summons me? Mr. Hanumantha Rao has been collecting, collating, consolidating and marketing data on Andhra Pradesh economy for decades. He is a pioneer in recognising the importance of data dissemination and in particular data consolidation and analysis at the state level. Perhaps, this is the first comp
ఫిబ్ర 20, 1998
Key note address at the CII seminar on "Emerging Scenario in Foreign Currency Management
Key note address by Dr. Y V Reddy, Deputy Governor, Reserve Bank of India, at the CII seminar on `Emerging Scenario in Foreign Currency Management' on February 20, 1998 in Mumbai. Emerging Concerns and State of Indian Economy Chairman and friends, On this occasion, I propose to address the limited issue of identifying the emerging concerns on the state of economies of emerging markets with particular reference to recent developments and place before you a factual acco
Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India
Key note address by Dr. Y V Reddy, Deputy Governor, Reserve Bank of India, at the CII seminar on `Emerging Scenario in Foreign Currency Management' on February 20, 1998 in Mumbai. Emerging Concerns and State of Indian Economy Chairman and friends, On this occasion, I propose to address the limited issue of identifying the emerging concerns on the state of economies of emerging markets with particular reference to recent developments and place before you a factual acco
ఫిబ్ర 11, 1998
Inaugural Address - Meeting of International Organisation of Securities Commission
Inaugural Address by Dr.Bimal Jalan Governor, Reserve Bank of India at the meeting of International Organisation of Securities Commissions, Mumbai, 11th February 1998 Mr. Mehta, Chairman, Securities and Exchange Board of India, Distinguished Members of the Asia Pacific Regional Committee, Enforcement Directors' of APRC Securities Commission and Friends. I have great pleasure in joining you today. I am thankful to Shri Mehta, Chairman, Securities Exchange Board of Indi
Dr. Bimal Jalan, Governor, Reserve Bank of India
Inaugural Address by Dr.Bimal Jalan Governor, Reserve Bank of India at the meeting of International Organisation of Securities Commissions, Mumbai, 11th February 1998 Mr. Mehta, Chairman, Securities and Exchange Board of India, Distinguished Members of the Asia Pacific Regional Committee, Enforcement Directors' of APRC Securities Commission and Friends. I have great pleasure in joining you today. I am thankful to Shri Mehta, Chairman, Securities Exchange Board of Indi
డిసెం 29, 1997
Economists and Public Policy
Y.V. ReddyI deem it as a great honour to be here to deliver this valedictory address. I am grateful to innumerable friends of my alma mater, Osmania University, and in particular Vice Chancellor Ramakistayya, who have so kindly given me this opportunity. My association with Osmania University dates back to August 1960, with registration as a full time researcher for Ph.D. Later, as a lecturer in this campus, I learnt a lot before joining the Administrative Service in
Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India
Y.V. ReddyI deem it as a great honour to be here to deliver this valedictory address. I am grateful to innumerable friends of my alma mater, Osmania University, and in particular Vice Chancellor Ramakistayya, who have so kindly given me this opportunity. My association with Osmania University dates back to August 1960, with registration as a full time researcher for Ph.D. Later, as a lecturer in this campus, I learnt a lot before joining the Administrative Service in
డిసెం 27, 1997
Public Debt: Current Issues
Principal Sivaraman and Friends, I am thankful to Shri Sivaraman for inviting me and giving me an opportunity to meet you and interact with you. He gave me the freedom to choose a topic and I chose public debt because of its great importance to not only the Reserve Bank of India and Governments concerned but also to macro-economic policy in general and to financial sector in particular. In the context of broader economic reform as also financial sector reform, a numbe
Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India
Principal Sivaraman and Friends, I am thankful to Shri Sivaraman for inviting me and giving me an opportunity to meet you and interact with you. He gave me the freedom to choose a topic and I chose public debt because of its great importance to not only the Reserve Bank of India and Governments concerned but also to macro-economic policy in general and to financial sector in particular. In the context of broader economic reform as also financial sector reform, a numbe
నవం 18, 1997
External Debt and Economic Reform, Seminar on New Opportunities in Global Finance
External Debt and Economic Reform by Dr. Y.V. Reddy, Deputy Governor, Reserve Bank of India, Seminar on New Opportunities in Global Finance sponsored by Greater Mysore Chamber of Industry Bangalore Management Association Institute of Internal Auditors - India Rotary Club of Bangalore Mr. Chairman and Friends, I am thankful to the organisers of this conference and Mr. Biswas of the Reserve Bank of India (RBI), for giving me this opportunity to be with you. For some of
Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India
External Debt and Economic Reform by Dr. Y.V. Reddy, Deputy Governor, Reserve Bank of India, Seminar on New Opportunities in Global Finance sponsored by Greater Mysore Chamber of Industry Bangalore Management Association Institute of Internal Auditors - India Rotary Club of Bangalore Mr. Chairman and Friends, I am thankful to the organisers of this conference and Mr. Biswas of the Reserve Bank of India (RBI), for giving me this opportunity to be with you. For some of
నవం 17, 1997
Monetary and Credit Policy: Issues and Perspectives
Monetary and Credit Policy: Issues and Perspectives by Dr. Y.V.Reddy, Deputy Governor, Reserve Bank of India at Discussion Meeting organised by Indian Merchants' Chamber Economic Research and Training Foundation Mumbai on November 17, 1997 Issues and Perspectives Chairman and friends, it gives me great pleasure to be with you today for this discussion. Dr.Jhaveri, for whom I have high personal regard, has been insisting for quite some time that I address this forum. W
Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India
Monetary and Credit Policy: Issues and Perspectives by Dr. Y.V.Reddy, Deputy Governor, Reserve Bank of India at Discussion Meeting organised by Indian Merchants' Chamber Economic Research and Training Foundation Mumbai on November 17, 1997 Issues and Perspectives Chairman and friends, it gives me great pleasure to be with you today for this discussion. Dr.Jhaveri, for whom I have high personal regard, has been insisting for quite some time that I address this forum. W
నవం 14, 1997
Financial Sector Reforms and RBI's Balance Sheet Management
Financial Sector Reforms and RBI's Balance Sheet Management by Dr. Y.V. Reddy, Deputy Governor, Reserve Bank of India, Mumbai. The Vysya Bank 11th Annual Lecture on Banking at Bangalore on November 14, 1997 Chairman Shri Ramamoorthy and friends. I am pleased to deliver the 11th Annual Lecture of Vysya Bank. In fact, this assignment gave me an opportunity to study and reflect on the subject in the light of my recent experience in handling this subject in the Reserve Ba
Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India
Financial Sector Reforms and RBI's Balance Sheet Management by Dr. Y.V. Reddy, Deputy Governor, Reserve Bank of India, Mumbai. The Vysya Bank 11th Annual Lecture on Banking at Bangalore on November 14, 1997 Chairman Shri Ramamoorthy and friends. I am pleased to deliver the 11th Annual Lecture of Vysya Bank. In fact, this assignment gave me an opportunity to study and reflect on the subject in the light of my recent experience in handling this subject in the Reserve Ba
నవం 11, 1997
Ninth V.T. Krishnamachari Memorial Lecture on "The Role of Monetary Policy
Ninth V.T. Krishnamachari Memorial Lecture on 'The Role of Monetary Policy' delivered by C. Rangarajan Governor, Reserve Bank of India at The Institute of Economic Growth Delhi on Tuesday, 11th November 1997 It is a great honour to be invited to deliver the 9th V.T.Krishnamachari Memorial Lecture. As you all know, Mr.Krishnamachari was a distinguished civil servant who left his imprint on many walks of India's life. The princely States of Baroda and Jaipur gained imme
Dr. C. Rangarajan, Governor, Reserve Bank of India
Ninth V.T. Krishnamachari Memorial Lecture on 'The Role of Monetary Policy' delivered by C. Rangarajan Governor, Reserve Bank of India at The Institute of Economic Growth Delhi on Tuesday, 11th November 1997 It is a great honour to be invited to deliver the 9th V.T.Krishnamachari Memorial Lecture. As you all know, Mr.Krishnamachari was a distinguished civil servant who left his imprint on many walks of India's life. The princely States of Baroda and Jaipur gained imme
నవం 05, 1997
Indian Financial Markets : New Initiatives
Indian Financial Markets : New Initiatives by Dr. Y.V. Reddy Deputy Governor Reserve Bank of India, Mumbai at Indian Institute of Foreign Trade at Delhi on November 5, 1997 Indian Financial Markets: New Initiatives It gives me great pleasure to be in this institute today. I have many friends here since I had the privilege of being the Director General of this esteemed institution in 1995. However, the main reason for my being here today is the insistence of my dear an
Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India
Indian Financial Markets : New Initiatives by Dr. Y.V. Reddy Deputy Governor Reserve Bank of India, Mumbai at Indian Institute of Foreign Trade at Delhi on November 5, 1997 Indian Financial Markets: New Initiatives It gives me great pleasure to be in this institute today. I have many friends here since I had the privilege of being the Director General of this esteemed institution in 1995. However, the main reason for my being here today is the insistence of my dear an
అక్టో 09, 1997
The Future of India's Debt Market 1997
I am happy to be amongst you this morning. This Conference gives me an opportunity to sharpen my thoughts, and gain insights from the deliberations. The subject has gained importance over the years, and in particular, more recently after the Monetary and Credit Policy of April 1997. In fact, there is a sudden spurt in Conferences on this subject, as for example, the SBICAP Debt Market Seminar held last month. Also, there was a pretty elaborate coverage of this subject
Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India
I am happy to be amongst you this morning. This Conference gives me an opportunity to sharpen my thoughts, and gain insights from the deliberations. The subject has gained importance over the years, and in particular, more recently after the Monetary and Credit Policy of April 1997. In fact, there is a sudden spurt in Conferences on this subject, as for example, the SBICAP Debt Market Seminar held last month. Also, there was a pretty elaborate coverage of this subject
అక్టో 08, 1997
Indian Banking Second Phase of Reforms Agenda and Issues
I am thankful to the organisers and in particular, Chairman, Shri M.G. Bhide for whom I have high regard, for inviting me to deliver the valedictory address at the 20th Bank Economists' Conference. I have had the benefit of going through the scholarly but pragmatic papers as also the reports of rapporteurs covering the deliberations. I find them highly stimulating. A number of issues of critical importance have been flagged by the participants. I will recall the major
Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India
I am thankful to the organisers and in particular, Chairman, Shri M.G. Bhide for whom I have high regard, for inviting me to deliver the valedictory address at the 20th Bank Economists' Conference. I have had the benefit of going through the scholarly but pragmatic papers as also the reports of rapporteurs covering the deliberations. I find them highly stimulating. A number of issues of critical importance have been flagged by the participants. I will recall the major

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