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مارچ 22, 2010
Speech of Finance Minister Foundation Laying Ceremony for Security Paper Mill at Mysore, Karnataka on March 22, 2010
Dr. Subbarao, Governor, RBI; Mrs Thorat, Deputy Governor, RBI; Members of the Board of Bharatiya Reserve Bank Note Mudran Pvt. Ltd. (BRBNMPL) and the Security Printing and Minting Corporation of India Ltd. (SPMCIL); Friends, ladies and gentlemen 2. It gives me immense pleasure to be here today, in this historic city of Mysore, on the occasion of laying the foundation stone for the project for establishing a state-of-the art currency notepaper production facility. I co
Shri Pranab Mukherjee, Hon’ble Finance Minister
Dr. Subbarao, Governor, RBI; Mrs Thorat, Deputy Governor, RBI; Members of the Board of Bharatiya Reserve Bank Note Mudran Pvt. Ltd. (BRBNMPL) and the Security Printing and Minting Corporation of India Ltd. (SPMCIL); Friends, ladies and gentlemen 2. It gives me immense pleasure to be here today, in this historic city of Mysore, on the occasion of laying the foundation stone for the project for establishing a state-of-the art currency notepaper production facility. I co
مارچ 22, 2010
RBI-OECD Workshop Delivering Financial Literacy: Challenges, Strategies and Instruments
Mr. Pranab Mukherjee, Hon'ble Finance Minister, Government of India, Dr. D Subba Rao, Governor, Reserve Bank of India, Mr. Richard A. Boucher, OECD Deputy Secretary General, Mr. Andre Laboul, Head, OECD Financial Affairs Division and Chair, International Network on Financial Education (INFE), Ms. Flore-Anne Messy, Principal Administrator, OECD, Distinguished Guests and Workshop Participants from all over the globe, Ladies and Gentlemen 2. A very warm welcome to you al
Dr. K.C. Chakrabarty, Deputy Governor, Reserve Bank of India
Mr. Pranab Mukherjee, Hon'ble Finance Minister, Government of India, Dr. D Subba Rao, Governor, Reserve Bank of India, Mr. Richard A. Boucher, OECD Deputy Secretary General, Mr. Andre Laboul, Head, OECD Financial Affairs Division and Chair, International Network on Financial Education (INFE), Ms. Flore-Anne Messy, Principal Administrator, OECD, Distinguished Guests and Workshop Participants from all over the globe, Ladies and Gentlemen 2. A very warm welcome to you al
مارچ 22, 2010
Welcome address of Shri V.K.Sharma, Executive Director, RBI for the events held on March 22, 2010
On this momentous occasion of the launching of the project on Financial Literacy in Karnataka, it is my honour and privilege to extend a very warm and hearty welcome to Respected Dr Subbarao, Governor, Reserve Bank of India. I also extend a hearty welcome to Shri S. V. Ranganath, Chief Secretary, Govt. of Karnataka, Smt. Shyamala Gopinath, Smt.Usha Thorat, Dr.K.C.Chakrabarty and Dr. Subir Gokarn, Deputy Governors, RBI, Principal Secretaries of the Govt. of Karnataka.
Shri V.K. Sharma, Executive Director, Reserve Bank of India
On this momentous occasion of the launching of the project on Financial Literacy in Karnataka, it is my honour and privilege to extend a very warm and hearty welcome to Respected Dr Subbarao, Governor, Reserve Bank of India. I also extend a hearty welcome to Shri S. V. Ranganath, Chief Secretary, Govt. of Karnataka, Smt. Shyamala Gopinath, Smt.Usha Thorat, Dr.K.C.Chakrabarty and Dr. Subir Gokarn, Deputy Governors, RBI, Principal Secretaries of the Govt. of Karnataka.
مارچ 22, 2010
Financial Education: Worthy and Worthwhile
Mr. Pranab Mukherjee, Hon’ble Finance Minister of India, Ambassador Richard Boucher, Deputy Secretary General, OECD, Dr. K.C. Chakrabarty, Deputy Governor, Reserve Bank of India, Mr. V.K. Sharma, Executive Director, Reserve Bank of India, Distinguished Guests and my colleagues from the Reserve Bank First of all, I want to say that the Reserve Bank of India attaches immense value to this workshop on "Financial Literacy". The year 2009/10 marks the Platinum Jubilee of t
Dr. D. Subbarao, Governor, Reserve Bank of India
Mr. Pranab Mukherjee, Hon’ble Finance Minister of India, Ambassador Richard Boucher, Deputy Secretary General, OECD, Dr. K.C. Chakrabarty, Deputy Governor, Reserve Bank of India, Mr. V.K. Sharma, Executive Director, Reserve Bank of India, Distinguished Guests and my colleagues from the Reserve Bank First of all, I want to say that the Reserve Bank of India attaches immense value to this workshop on "Financial Literacy". The year 2009/10 marks the Platinum Jubilee of t
مارچ 22, 2010
RBI-OECD Workshop on Financial Literacy at Bangalore on March 22-23, 2010 : Speech delivered by Shri Pranab Mukherjee, Hon’ble FM
Dr. D. Subbarao, Governor, Reserve Bank of India, Ambassador Richard A. Boucher, Deputy Secretary General of the Organization for Economic Co-operation and Development, ladies and gentlemen 2. It gives me great pleasure to be here to inaugurate this Workshop on Delivering Financial Literacy being co-hosted by the RBI and the OECD. I must compliment the Reserve Bank of India for thinking of hosting such a learning event as a key component of its ongoing Platinum Jubile
Shri Pranab Mukherjee, Hon’ble Finance Minister
Dr. D. Subbarao, Governor, Reserve Bank of India, Ambassador Richard A. Boucher, Deputy Secretary General of the Organization for Economic Co-operation and Development, ladies and gentlemen 2. It gives me great pleasure to be here to inaugurate this Workshop on Delivering Financial Literacy being co-hosted by the RBI and the OECD. I must compliment the Reserve Bank of India for thinking of hosting such a learning event as a key component of its ongoing Platinum Jubile
مارچ 22, 2010
Vote of Thanks Speech by Shri V. K. Sharma, Executive Director
Respected Mr. Pranab Mukherjee, Hon’ble Finance Minister of India, Dr. Subbarao, Governor, Reserve Bank of India, Ambassador Richard Boucher, Deputy Secretary General, OECD, Mrs. Shyamala Gopinath, Mrs. Usha Thorat, Dr. K.C.Chakrabarty and Dr. Subir Gokarn, Deputy Governors, Reserve Bank of India, Mr. S.V. Ranganath, Chief Secretary to the Govt. Of Karnataka, Mr. Hans-Helmut Kotz, Member of Deutsche Bundesbank Executive Board and Chair of OECD Committee on Financial M
Shri V.K. Sharma, Executive Director, Reserve Bank of India
Respected Mr. Pranab Mukherjee, Hon’ble Finance Minister of India, Dr. Subbarao, Governor, Reserve Bank of India, Ambassador Richard Boucher, Deputy Secretary General, OECD, Mrs. Shyamala Gopinath, Mrs. Usha Thorat, Dr. K.C.Chakrabarty and Dr. Subir Gokarn, Deputy Governors, Reserve Bank of India, Mr. S.V. Ranganath, Chief Secretary to the Govt. Of Karnataka, Mr. Hans-Helmut Kotz, Member of Deutsche Bundesbank Executive Board and Chair of OECD Committee on Financial M
مارچ 22, 2010
Banknote Paper Mill at Mysore
Hon’ble Finance Minister, Shri Pranab Mukherjee, Governor. RBI, Dr. Subba Rao, Members of Parliament, Shri A. H. Viswanath and Shri Dhruv Narayana, Members of Karnataka Legislative Assembly, Mayor of Mysore Shri Purushotham, Directors on the Boards of BRBNMPL and SPMCIL, distinguished guests and staff of the BRBNMPL - a very warm welcome to all of you to this traditional city of Mysore. 2. It is my proud privilege to welcome this distinguished gathering on this occasi
Smt. Usha Thorat, Deputy Governor, Reserve Bank of India
Hon’ble Finance Minister, Shri Pranab Mukherjee, Governor. RBI, Dr. Subba Rao, Members of Parliament, Shri A. H. Viswanath and Shri Dhruv Narayana, Members of Karnataka Legislative Assembly, Mayor of Mysore Shri Purushotham, Directors on the Boards of BRBNMPL and SPMCIL, distinguished guests and staff of the BRBNMPL - a very warm welcome to all of you to this traditional city of Mysore. 2. It is my proud privilege to welcome this distinguished gathering on this occasi
مارچ 15, 2010
Implementation of Monetary Policy in India
I thank the Bankers Club, Bhubaneswar for providing me this opportunity to speak to you this evening. How does the Reserve Bank of India implement monetary policy? This is the question I would like to address. But before doing that I will briefly touch upon the objectives and framework of monetary policy, as they have evolved, to set the context for discussion on operational aspects of monetary policy. I will conclude with a discussion on the process of monetary polic
Shri Deepak Mohanty, Executive Director, Reserve Bank of India
I thank the Bankers Club, Bhubaneswar for providing me this opportunity to speak to you this evening. How does the Reserve Bank of India implement monetary policy? This is the question I would like to address. But before doing that I will briefly touch upon the objectives and framework of monetary policy, as they have evolved, to set the context for discussion on operational aspects of monetary policy. I will conclude with a discussion on the process of monetary polic
مارچ 04, 2010
Indian Perspective on Banking Regulation
1. I am delighted to participate in this Conference on ‘Financial Sector Regulation and Reform in Asian Emerging Markets’ jointly organised by the Asian Development Bank Institute, the International Center for Financial Regulation, the UK Foreign and Commonwealth Office and the Brookings Institution. In the session that just concluded, we heard about financial sector developments in emerging markets. In this session, I will like to present the Indian perspective on ba
Smt. Usha Thorat, Deputy Governor, Reserve Bank of India
1. I am delighted to participate in this Conference on ‘Financial Sector Regulation and Reform in Asian Emerging Markets’ jointly organised by the Asian Development Bank Institute, the International Center for Financial Regulation, the UK Foreign and Commonwealth Office and the Brookings Institution. In the session that just concluded, we heard about financial sector developments in emerging markets. In this session, I will like to present the Indian perspective on ba
مارچ 04, 2010
Inflation Dynamics in India: Issues and Concerns
I thank the Bombay Chamber of Commerce and Industry for giving me this opportunity to speak on inflation which is of immediate concern for our economy. I will begin with the trends in inflation, then briefly touch upon the costs of inflation, followed by an analysis of current inflation dynamics. I will conclude by flagging the areas of policy concern. Trends in Inflation There are expectations that the high levels of slack in resource utilisation and stable inflation
Shri Deepak Mohanty, Executive Director, Reserve Bank of India
I thank the Bombay Chamber of Commerce and Industry for giving me this opportunity to speak on inflation which is of immediate concern for our economy. I will begin with the trends in inflation, then briefly touch upon the costs of inflation, followed by an analysis of current inflation dynamics. I will conclude by flagging the areas of policy concern. Trends in Inflation There are expectations that the high levels of slack in resource utilisation and stable inflation
مارچ 02, 2010
Pursuit of Complete Markets – The Missing Perspectives
It is my pleasure to be delivering the keynote address at the FEDAI conference being hosted in this beautiful country. India and Kenya share a historical relationship and I am delighted to have got an opportunity to visit this country. I have been following some of the recent interesting initiatives by the Central Bank of Kenya and was really impressed by the developments in the areas such as payment systems, credit information sharing, currency management, financial
Smt. Shyamala Gopinath, Deputy Governor, Reserve Bank of India
It is my pleasure to be delivering the keynote address at the FEDAI conference being hosted in this beautiful country. India and Kenya share a historical relationship and I am delighted to have got an opportunity to visit this country. I have been following some of the recent interesting initiatives by the Central Bank of Kenya and was really impressed by the developments in the areas such as payment systems, credit information sharing, currency management, financial
مارچ 02, 2010
Monetary Policy Framework in India: Experience with Multiple-Indicators Approach
I am honoured to deliver the 2nd Professor Baidyanath Mishra Lecture. Prof. Mishra is a multi-faceted personality: an economist, an educationist and an institution-builder. Above all, he is a great teacher who inspired generations of students. I thank the Orissa Economic Association for giving me this opportunity. 2. I will set out how the framework of monetary policy has evolved over the last two and half decades. First, I will touch upon the objectives of monetary p
Shri Deepak Mohanty, Executive Director, Reserve Bank of India
I am honoured to deliver the 2nd Professor Baidyanath Mishra Lecture. Prof. Mishra is a multi-faceted personality: an economist, an educationist and an institution-builder. Above all, he is a great teacher who inspired generations of students. I thank the Orissa Economic Association for giving me this opportunity. 2. I will set out how the framework of monetary policy has evolved over the last two and half decades. First, I will touch upon the objectives of monetary p
فروری 24, 2010
Welcome Remarks by Dr. D. Subbarao, Governor, Reserve Bank of India at the L. K. Jha Memorial Lecture
On behalf of the Reserve Bank of India, I have great pleasure in welcoming Prof. John Brian Taylor who will shortly be delivering the L. K. Jha Memorial Lecture. We are very happy to welcome also Ms. Raye Allyn Taylor who has accompanied Prof. Taylor. I also want to acknowledge the family members of late Dr. L.K. Jha - Smt. Dipika Maharaj Singh, Smt. and Shri. Aditya Maharaj Singh, Trisha Maharaj Singh. Many thanks to all of you for rejoining the RBI family. And of co
Dr. D. Subbarao, Governor, Reserve Bank of India
On behalf of the Reserve Bank of India, I have great pleasure in welcoming Prof. John Brian Taylor who will shortly be delivering the L. K. Jha Memorial Lecture. We are very happy to welcome also Ms. Raye Allyn Taylor who has accompanied Prof. Taylor. I also want to acknowledge the family members of late Dr. L.K. Jha - Smt. Dipika Maharaj Singh, Smt. and Shri. Aditya Maharaj Singh, Trisha Maharaj Singh. Many thanks to all of you for rejoining the RBI family. And of co
فروری 24, 2010
Lessons from the Financial Crisis for Monetary Policy in Emerging Markets
I am honored to give this lecture in memory of L.K. Jha. It is a particular privilege to deliver it at this Platinum Jubilee celebration of the Reserve Bank of India. L. K. Jha was a truly outstanding economist and public servant, with experience at all levels of government. He rose up through the Indian Civil Service to become the Principal Secretary to the Prime Minister, after which he became Governor of the Reserve Bank of India, and then Ambassador to the United
Prof. John Brian Taylor, Guest Speaker
I am honored to give this lecture in memory of L.K. Jha. It is a particular privilege to deliver it at this Platinum Jubilee celebration of the Reserve Bank of India. L. K. Jha was a truly outstanding economist and public servant, with experience at all levels of government. He rose up through the Indian Civil Service to become the Principal Secretary to the Prime Minister, after which he became Governor of the Reserve Bank of India, and then Ambassador to the United
فروری 15, 2010
Welcome remarks by Dr. D. Subbarao, Governor, Reserve Bank of India at the Fourteenth C. D. Deshmukh Memorial Lecture on February 15, 2010 at Mumbai
On behalf of Reserve Bank of India, I have great pleasure in welcoming Lord Turner, Chairman of the Financial Services Authority of the UK, who will shortly be delivering the C.D. Deshmukh Memorial Lecture. I also want to specially acknowledge the family members of late Sir C.D. Deshmukh – Smt. and Shri Atul Deshmukh, Shri Ashish Deshmukh and Smt. and Shri Chitnis - who are here with us today. Thank you very much to all of you for rejoining the RBI family today. And,
Dr. D. Subbarao, Governor, Reserve Bank of India
On behalf of Reserve Bank of India, I have great pleasure in welcoming Lord Turner, Chairman of the Financial Services Authority of the UK, who will shortly be delivering the C.D. Deshmukh Memorial Lecture. I also want to specially acknowledge the family members of late Sir C.D. Deshmukh – Smt. and Shri Atul Deshmukh, Shri Ashish Deshmukh and Smt. and Shri Chitnis - who are here with us today. Thank you very much to all of you for rejoining the RBI family today. And,
فروری 15, 2010
“After the Crises: Assessing the Costs and Benefits of Financial Liberalisation”
Mr Governor, ladies and gentlemen, it is a great honour to have been invited to give the 14th Chintaman Deshmukh memorial lecture, and a great pleasure to be with you here in Mumbai. The Reserve Bank of India has a high reputation as a centre of thoughtful analysis of the important issues of financial stability and optimal policy which concern policy makers throughout the world, and a high reputation for having helped steer India through the recent financial turmoil.
Lord Adair Turner, Chairman, Financial Services Authority, United Kingdom
Mr Governor, ladies and gentlemen, it is a great honour to have been invited to give the 14th Chintaman Deshmukh memorial lecture, and a great pleasure to be with you here in Mumbai. The Reserve Bank of India has a high reputation as a centre of thoughtful analysis of the important issues of financial stability and optimal policy which concern policy makers throughout the world, and a high reputation for having helped steer India through the recent financial turmoil.
فروری 12, 2010
Challenges for Central Banks in the Context of the Crisis
Central banks and central bankers have been at the heart of the global financial crisis. We have been blamed for policies and actions that got the world into the crisis; we are also being praised for leading from the front in getting the world out of the crisis. I believe this is fair critique - central banks have been a part of the problem and a part of the solution. 2. As we emerge out of the crisis, central banks have their task cut out for them: to distil the less
Dr. D. Subbarao, Governor, Reserve Bank of India
Central banks and central bankers have been at the heart of the global financial crisis. We have been blamed for policies and actions that got the world into the crisis; we are also being praised for leading from the front in getting the world out of the crisis. I believe this is fair critique - central banks have been a part of the problem and a part of the solution. 2. As we emerge out of the crisis, central banks have their task cut out for them: to distil the less
فروری 12, 2010
First International Research Conference - Transcript of day 2 (edited)
Panel Discussion 1 Panel Discussion 2 Transcript of First International Research Conference Challenges to Central Banking in the Context of Financial Crisis Governor’s Panel Discussion on International Monetary System Mumbai February 13, 2010 Chair: Martin Wolf, Associate Editor and Chief Economics Commentator Financial Times, London Panelists: Christian Noyer, Governor, Bank of France. Glenn Robert Stevens, Governor, Reserve Bank of Australia. Duvvuri Subbarao, Gover
Dr. D. Subbarao, Governor, Reserve Bank of India
Panel Discussion 1 Panel Discussion 2 Transcript of First International Research Conference Challenges to Central Banking in the Context of Financial Crisis Governor’s Panel Discussion on International Monetary System Mumbai February 13, 2010 Chair: Martin Wolf, Associate Editor and Chief Economics Commentator Financial Times, London Panelists: Christian Noyer, Governor, Bank of France. Glenn Robert Stevens, Governor, Reserve Bank of Australia. Duvvuri Subbarao, Gover
فروری 12, 2010
First International Research Conference : Presentations by speakers
February 12, 2010 Andrew Michael Spence - Challenges to Central Banking in the Context of Financial Crisis (earlier unedited transcript replaced with the edited version) Dr. D. Subbarao - Challenges to Central Banks Irma Rosenberg - The Impossible Trinity John C Williams - Two Cheers for Bagehot Jorgen Elmeskov - Credit Freeze, Dysfunctional Markets Krishna Srinivasan - Crisis & Implications Lars E. O. Svensson - Inflation Targeting Stephen Cecchetti - Future of P
Andrew Michael Spence, Guest Speaker
February 12, 2010 Andrew Michael Spence - Challenges to Central Banking in the Context of Financial Crisis (earlier unedited transcript replaced with the edited version) Dr. D. Subbarao - Challenges to Central Banks Irma Rosenberg - The Impossible Trinity John C Williams - Two Cheers for Bagehot Jorgen Elmeskov - Credit Freeze, Dysfunctional Markets Krishna Srinivasan - Crisis & Implications Lars E. O. Svensson - Inflation Targeting Stephen Cecchetti - Future of P

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