Speeches - Regulating Non-Banking - ربی - Reserve Bank of India
speeches
مارچ 10, 2022
Importance of Governance and Assurance Functions in Financial Institutions
Introduction Delegates from various financial institutions, guest speakers and colleagues from CAFRAL, a very Good Morning to all. At the outset, let me thank CAFRAL for hosting this learning program. The lingering Covid-19 pandemic and the potential economic disruptions due to the latest geo-political events in Europe have again brought to the fore the reality that the nature and frequency of risks faced by the financial system of today are quite unparalleled and unp
Shri M. K. Jain, Deputy Governor, Reserve Bank of India
Introduction Delegates from various financial institutions, guest speakers and colleagues from CAFRAL, a very Good Morning to all. At the outset, let me thank CAFRAL for hosting this learning program. The lingering Covid-19 pandemic and the potential economic disruptions due to the latest geo-political events in Europe have again brought to the fore the reality that the nature and frequency of risks faced by the financial system of today are quite unparalleled and unp
اکتوبر 22, 2021
Chasing the Horizon
Ladies and Gentlemen! 1. It’s a pleasure to be with you this morning. Let me thank Mr. Chandrajit Banerjee, Director General, CII for extending this kind invitation to me for delivering this inaugural talk at the summit organised by CII. NBFC sector has received wide ranging attention for past few years for various reasons. As an important cog of the financial system, it holds immense potential with its ability to reach out to vast cross-section of the population and
Shri M. Rajeshwar Rao, Deputy Governor, Reserve Bank of India
Ladies and Gentlemen! 1. It’s a pleasure to be with you this morning. Let me thank Mr. Chandrajit Banerjee, Director General, CII for extending this kind invitation to me for delivering this inaugural talk at the summit organised by CII. NBFC sector has received wide ranging attention for past few years for various reasons. As an important cog of the financial system, it holds immense potential with its ability to reach out to vast cross-section of the population and
ستمبر 13, 2021
Regulatory Framework for Account Aggregators
I extend my gratitude for this invitation and opportunity to be here with you all. Hope all of you are keeping safe in these challenging times. 1. Technology has transformed our lives in this increasingly interconnected world with mobiles and hand-held devices enabling ubiquitous access and broader reach. It has concomitantly enabled businesses to penetrate new markets and new geographies which they were hitherto unable to reach. This growth of technology also has the
Shri M. Rajeshwar Rao, Deputy Governor, Reserve Bank of India
I extend my gratitude for this invitation and opportunity to be here with you all. Hope all of you are keeping safe in these challenging times. 1. Technology has transformed our lives in this increasingly interconnected world with mobiles and hand-held devices enabling ubiquitous access and broader reach. It has concomitantly enabled businesses to penetrate new markets and new geographies which they were hitherto unable to reach. This growth of technology also has the
جون 08, 2019
Indian Banking Sector: Current Status and the Way Forward
I am happy to be participating in the Fifteenth Annual Convocation ceremony of Post-Graduate Diploma in Management (Banking and Financial Services) for the Batch of 2017-19. I thank Dr. K.L. Dhingra, Director, National Institute of Bank Management (NIBM) and members of faculty for inviting me to join the young minds at their convocation ceremony. This is indeed a moment of pride for students as it marks the fruition of years of dedication, perseverance and hard work.
Shri Shaktikanta Das, Governor, Reserve Bank of India
I am happy to be participating in the Fifteenth Annual Convocation ceremony of Post-Graduate Diploma in Management (Banking and Financial Services) for the Batch of 2017-19. I thank Dr. K.L. Dhingra, Director, National Institute of Bank Management (NIBM) and members of faculty for inviting me to join the young minds at their convocation ceremony. This is indeed a moment of pride for students as it marks the fruition of years of dedication, perseverance and hard work.
مئی 18, 2016
Regulating Financial Innovation: P2P Lending Platforms Design Challenges
I am very happy to be addressing this Conclave to debate the Discussion Paper that the Reserve Bank has recently presented for public discourse on regulating the Peer to Peer Lending Platforms. Let me first explain the rationale for financial regulation in general and regulation on financial innovations in particular. Let me also discuss the different approaches that the Reserve Bank had employed in the past in dealing with financial innovations and finally the challe
Shri R. Gandhi, Deputy Governor, Reserve Bank of India
I am very happy to be addressing this Conclave to debate the Discussion Paper that the Reserve Bank has recently presented for public discourse on regulating the Peer to Peer Lending Platforms. Let me first explain the rationale for financial regulation in general and regulation on financial innovations in particular. Let me also discuss the different approaches that the Reserve Bank had employed in the past in dealing with financial innovations and finally the challe
فروری 05, 2016
Financial Stability – Issues and Concerns : Are We Barking up All Right Trees?
It’s indeed a pleasure to inaugurate this Conference on ‘Financial stability, credit distress and Economic Growth: The way forward’ organized under the aegis of the Union Bank – Great Lakes Center for Excellence in Banking and Finance. I am happy to note that this is a collaborative effort by banking and academic and research institutions. As I will explain, the selected topic of the conference is not just on an apt and very contemporary issue, it also needs theoretic
Shri R. Gandhi, Deputy Governor, Reserve Bank of India
It’s indeed a pleasure to inaugurate this Conference on ‘Financial stability, credit distress and Economic Growth: The way forward’ organized under the aegis of the Union Bank – Great Lakes Center for Excellence in Banking and Finance. I am happy to note that this is a collaborative effort by banking and academic and research institutions. As I will explain, the selected topic of the conference is not just on an apt and very contemporary issue, it also needs theoretic
دسمبر 21, 2015
NBFCs: Medium Term Prospects
I am happy to be addressing this first ever CII Summit on Non-Banking Financial Companies (NBFCs) to deliberate on “Regulatory Paradigm & Contours of Growth – Vision 2020”. The context in which such a Summit has been organised is also very apt. World over, there is an awakening, post the great financial crisis of 2008, about the existence, contribution, magnitude, significance and risks of non-banking financial sector. From a benign neglect of or indifference to t
Shri R. Gandhi, Deputy Governor, Reserve Bank of India
I am happy to be addressing this first ever CII Summit on Non-Banking Financial Companies (NBFCs) to deliberate on “Regulatory Paradigm & Contours of Growth – Vision 2020”. The context in which such a Summit has been organised is also very apt. World over, there is an awakening, post the great financial crisis of 2008, about the existence, contribution, magnitude, significance and risks of non-banking financial sector. From a benign neglect of or indifference to t
جون 22, 2015
Roundtable on Capacity Building in Banks
I appreciate CAFRAL for taking the initiative of holding this roundtable on capacity building in banks. As I am given to understand, the objective of this roundtable is to discuss the key aspects of the recommendations of the Committee on Capacity Building in Banks and Non-Bank Institutions (Chairman: Shri G. Goplalakrishna) and to formulate strategy to streamline and implement the recommendations. I also understand that the issues and challenges in implementing these
Shri R. Gandhi, Deputy Governor, Reserve Bank of India
I appreciate CAFRAL for taking the initiative of holding this roundtable on capacity building in banks. As I am given to understand, the objective of this roundtable is to discuss the key aspects of the recommendations of the Committee on Capacity Building in Banks and Non-Bank Institutions (Chairman: Shri G. Goplalakrishna) and to formulate strategy to streamline and implement the recommendations. I also understand that the issues and challenges in implementing these
نومبر 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,
جون 30, 2014
Banks in India: Challenges & Opportunities
Smt. Arundhati Bhattacharya, Chairman, State Bank of India, Shri. Deepak Parekh, Chairman HDFC, Shri. V. G. Kannan, Chairman, SBI Cap Securities Ltd., Shri. Mani Palivesan, Managing Director, SBI Cap Securities Ltd, distinguished panelists and participants. It is a pleasure to address the BFSI Conference 2014 which features panel discussions on topical issues in banking. The first panel discussion, interestingly, is on Disruptive Themes for Next Decade. The word disru
Shri Harun R Khan, Deputy Governor, Reserve Bank of India
Smt. Arundhati Bhattacharya, Chairman, State Bank of India, Shri. Deepak Parekh, Chairman HDFC, Shri. V. G. Kannan, Chairman, SBI Cap Securities Ltd., Shri. Mani Palivesan, Managing Director, SBI Cap Securities Ltd, distinguished panelists and participants. It is a pleasure to address the BFSI Conference 2014 which features panel discussions on topical issues in banking. The first panel discussion, interestingly, is on Disruptive Themes for Next Decade. The word disru
جون 17, 2014
Role of NBFCs in Financial Sector: Regulatory Challenges
Good evening Ladies and Gentlemen. 2. It is with a great feeling of pride that I stand before you to deliver this oration in memory of the legendary Frank Moraes. I congratulate the United Writers Association and Frank Moraes Foundation for regularly organizing the distinguished Frank Moraes Oration lecture. I join everyone here in congratulating Chevalier Dr. K. Thiagarajan on being accorded with the prestigious Celebrity Champion Honour instituted by Community Welfa
Shri R. Gandhi, Deputy Governor, Reserve Bank of India
Good evening Ladies and Gentlemen. 2. It is with a great feeling of pride that I stand before you to deliver this oration in memory of the legendary Frank Moraes. I congratulate the United Writers Association and Frank Moraes Foundation for regularly organizing the distinguished Frank Moraes Oration lecture. I join everyone here in congratulating Chevalier Dr. K. Thiagarajan on being accorded with the prestigious Celebrity Champion Honour instituted by Community Welfa
جنوری 24, 2014
Non-Banking Finance Companies: Game Changers
Introduction The Indian financial sector consists of a wide variety of institutions which cater to different market segments. At the apex level are scheduled commercial banks which follow universal banking model. Next, there is the cooperative banking sector with two different strands. While the three Tier rural co-operative structure (State/District/grassroot level outfits), takes care predominantly of agriculture and allied activities; the urban co-operative banking
Shri P. Vijaya Bhaskar, Executive Director, Reserve Bank of India
Introduction The Indian financial sector consists of a wide variety of institutions which cater to different market segments. At the apex level are scheduled commercial banks which follow universal banking model. Next, there is the cooperative banking sector with two different strands. While the three Tier rural co-operative structure (State/District/grassroot level outfits), takes care predominantly of agriculture and allied activities; the urban co-operative banking
ستمبر 17, 2013
Enabling Urban Microfinance
At the outset, let me congratulate Additional Secretary for the theme of this conference ‘Énabling Urban Microfinance’ which is truly appropriate as it chooses to bring to centre stage issues of urban poverty. The scale of urban poverty in India is staggering. Current estimates suggest that 100 million poor people live in urban settlements comprising 40% of the urban poor. These numbers are expected to rise. The prediction is that the total urban population of India w
Dr. (Smt.) Deepali Pant Joshi, Executive Director, Reserve Bank of India
At the outset, let me congratulate Additional Secretary for the theme of this conference ‘Énabling Urban Microfinance’ which is truly appropriate as it chooses to bring to centre stage issues of urban poverty. The scale of urban poverty in India is staggering. Current estimates suggest that 100 million poor people live in urban settlements comprising 40% of the urban poor. These numbers are expected to rise. The prediction is that the total urban population of India w
فروری 01, 2013
Regulation of Shadow Banking – Issues and Challenges
Mr. Hiranandani, President, Indian Merchants’ Chamber (IMC), Mr. Thakkar, Co-Chairman, Finance and Banking Committee, IMC, Mr. TT Srinivasaraghavan, Managing Director, Sundaram Finance Ltd., Mr. K V Srinivasan, CEO, Reliance Commercial Finance, Ms. Usha Thorat, my erstwhile colleague in the Reserve Bank, currently the Director, CAFRAL and the Chairperson of the Working Group that examined the issues and concerns in the Non Banking Financial Companies (NBFC) sector, an
Shri Anand Sinha, Deputy Governor, Reserve Bank of India
Mr. Hiranandani, President, Indian Merchants’ Chamber (IMC), Mr. Thakkar, Co-Chairman, Finance and Banking Committee, IMC, Mr. TT Srinivasaraghavan, Managing Director, Sundaram Finance Ltd., Mr. K V Srinivasan, CEO, Reliance Commercial Finance, Ms. Usha Thorat, my erstwhile colleague in the Reserve Bank, currently the Director, CAFRAL and the Chairperson of the Working Group that examined the issues and concerns in the Non Banking Financial Companies (NBFC) sector, an
اپریل 27, 2012
Strengthening Governance in Microfinance Institutions (MFIs) - Some Random Thoughts
Thank you for inviting me to deliver the keynote address at this microfinance workshop. Microfinance is currently at the centre of intense policy debate, especially, in the context of governance and regulatory oversight related issues. The current workshop which focuses the deliberations on governance issues in microfinance is, therefore, quite timely as well as contextually relevant. I congratulate the organisers on their choice of subject for this workshop and hope
Shri Anand Sinha, Deputy Governor, Reserve Bank of India
Thank you for inviting me to deliver the keynote address at this microfinance workshop. Microfinance is currently at the centre of intense policy debate, especially, in the context of governance and regulatory oversight related issues. The current workshop which focuses the deliberations on governance issues in microfinance is, therefore, quite timely as well as contextually relevant. I congratulate the organisers on their choice of subject for this workshop and hope
جون 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
اگست 06, 2005
Micro-Finance : Reserve Bank’s Approach*
Friends, I am thankful to the organisers for giving me this opportunity to be amidst this distinguished gathering. Since Dr. Bimal Jalan, a Member of Parliament and my distinguished predecessor, is chairing the session, let me start with his role in the subject of my special address today. The earliest reference to micro-credit in a formal statement of monetary and credit policy of Reserve Bank of India (RBI) was in Dr. Bimal Jalan’s Monetary and Credit Policy Stateme
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Friends, I am thankful to the organisers for giving me this opportunity to be amidst this distinguished gathering. Since Dr. Bimal Jalan, a Member of Parliament and my distinguished predecessor, is chairing the session, let me start with his role in the subject of my special address today. The earliest reference to micro-credit in a formal statement of monetary and credit policy of Reserve Bank of India (RBI) was in Dr. Bimal Jalan’s Monetary and Credit Policy Stateme
جون 13, 2000
Changing Role of RBI: Agenda for Attention
Mr. Chairman and friends, I am grateful to the organisers of the Madon Memorial Lecture for inviting me to deliver this Lecture. That the contributions of Shri B.F. Madon are of lasting value is evident from the fact that although, over seventy years have elapsed since he passed away, lectures in his memory are organised, and the response is still overwhelming. There are several reasons why I feel especially elated at my association with this lecture series. First, Ma
Dr. Y. V. Reddy, Deputy Governor, Reserve Bank of India
Mr. Chairman and friends, I am grateful to the organisers of the Madon Memorial Lecture for inviting me to deliver this Lecture. That the contributions of Shri B.F. Madon are of lasting value is evident from the fact that although, over seventy years have elapsed since he passed away, lectures in his memory are organised, and the response is still overwhelming. There are several reasons why I feel especially elated at my association with this lecture series. First, Ma
مارچ 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
اگست 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.
بھارت موبائل ایپلی کیشن کے ریزرو بینک کو انسٹال کریں اور تازہ ترین خبروں تک فوری رسائی حاصل کریں!
صفحے پر آخری اپ ڈیٹ: مئی 29, 2024
