Speeches & Media Interactions

Participants from Reserve Bank of India: Shri Shaktikanta Das – Governor, Reserve Bank of India. Dr. Michael D. Patra – Deputy Governor, Reserve Bank of India Shri M. Rajeshwar Rao – Deputy Governor, Reserve Bank of India Shri T. Rabi Sankar – Deputy Governor, Reserve Bank of India Shri Swaminathan J. – Deputy Governor, Reserve Bank of India Dr. O. P. Mall – Executive Director, Reserve Bank of India Dr. Rajiv Ranjan – Executive Director, Reserve Bank of India Moderator: Shri Puneet Pancholy - Reserve Bank of India Puneet Pancholy: Hello and good afternoon. Welcome to this Post Monetary Policy Press Conference. Friends, we have with us, Governor, Reserve Bank of India, Shri Shaktikanta Das; Deputy Governors Dr. M.D. Patra, Shri M. Rajeshwar Rao, Shri T. Rabi Sankar and Shri Swaminathan J. We also have with us Dr. O. P. Mall, Executive Director and Executive Director Dr. Rajiv Ranjan and other colleagues from Reserve Bank. Sir, to begin with, I would request you to make your opening remarks. After that, we will have the Q&A, please.

Moderator: Thank you, Governor. Lots of interesting comments you made in your speech. I would like to start with what you said towards the end, where you said, in your interaction with some bank CEOs, they had some areas of concern and I remember at the time when the RBI had raised the risk weights on unsecured loans, you had called it a pre-emptive measure. So, are there any other areas which make you a little bit worried and where you will now direct your lens with more intensity?