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Feb 03, 2010
V K Sharma: Affordable Housing and Housing Finance

1. Mr. Abdul Qadeer Fitrat, Governor, Central Bank of Afghanistan, Mr. Arun Maira, Member, Planning Commission, Mr. R. Gopalan, Secretary, Department of Financial Services, Mrs. Kiran Dhingra, Secretary, Ministry of Housing and Urban Poverty Alleviation, Mr. Kamran Shehzad, Deputy Governor, State Bank of Pakistan, Mr. S. Sridhar, Chairman and Managing Director, National Housing Bank, Mr. Paolo Martelli, Director, South Asia, International Finance Corporation, Mr. R.V.

V K Sharma, Executive Director, Reserve Bank of India

1. Mr. Abdul Qadeer Fitrat, Governor, Central Bank of Afghanistan, Mr. Arun Maira, Member, Planning Commission, Mr. R. Gopalan, Secretary, Department of Financial Services, Mrs. Kiran Dhingra, Secretary, Ministry of Housing and Urban Poverty Alleviation, Mr. Kamran Shehzad, Deputy Governor, State Bank of Pakistan, Mr. S. Sridhar, Chairman and Managing Director, National Housing Bank, Mr. Paolo Martelli, Director, South Asia, International Finance Corporation, Mr. R.V.

Dec 09, 2009
Financial Inclusion : Challenges and Opportunities
Being in Kolkata, this city of joy, is always a heart warming experience. Being here in the pre-Christmas season is a particular delight, and for me personally, a nostalgic memory. My special thanks to the Bankers’ Club for inviting me to speak here this evening. I recall our meeting at this Club last year when we were in the thick of the deepest financial crisis of our time, and all of us were anxious and uncertain about the immediate future. I believe the worst is b
Dr. D. Subbarao, Governor, Reserve Bank of India
Being in Kolkata, this city of joy, is always a heart warming experience. Being here in the pre-Christmas season is a particular delight, and for me personally, a nostalgic memory. My special thanks to the Bankers’ Club for inviting me to speak here this evening. I recall our meeting at this Club last year when we were in the thick of the deepest financial crisis of our time, and all of us were anxious and uncertain about the immediate future. I believe the worst is b
Dec 18, 2008
The Global Financial Turmoil and Challenges for the Indian Economy
It is my pleasure to be here this evening and to be able to share my thoughts with an exclusive gathering of bankers. Since this is an in-house meeting and we are professional colleagues, I propose to be frank and forthright. I am glad to know that the Bankers' Club in Kolkata has been recently revived and is engaged in promoting professional interaction within the banking community. 2. The global financial crisis is now the staple of front page news. Banks around the
Dr. D. Subbarao, Governor, Reserve Bank of India
It is my pleasure to be here this evening and to be able to share my thoughts with an exclusive gathering of bankers. Since this is an in-house meeting and we are professional colleagues, I propose to be frank and forthright. I am glad to know that the Bankers' Club in Kolkata has been recently revived and is engaged in promoting professional interaction within the banking community. 2. The global financial crisis is now the staple of front page news. Banks around the
Jun 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

Feb 27, 2007
What RBI means to the Common Person
Friends,I am happy to be in Karamchedu Village again. Many distinguished personalities in various fields; freedom fighters; shipping magnates; scientists; poets, ministers and medical doctors have hailed from this single village. Shri Yarlagadda Ranganayakulu garu, who was an engineer by training, is one such fine personality. We met accidentally a little over thirty years ago in Hyderabad. We became friends and we attempted to do some socially useful work on several
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Friends,I am happy to be in Karamchedu Village again. Many distinguished personalities in various fields; freedom fighters; shipping magnates; scientists; poets, ministers and medical doctors have hailed from this single village. Shri Yarlagadda Ranganayakulu garu, who was an engineer by training, is one such fine personality. We met accidentally a little over thirty years ago in Hyderabad. We became friends and we attempted to do some socially useful work on several
Jan 16, 2006
Financial Inclusion and Millennium Development Goals*
At the outset, I take this opportunity to thank the Planning Commission, the United Nations Development Programme (UNDP) and the College of Agricultural Banking for inviting me to this very relevant program on human development and State finances. The central theme of the Millenium Development Goals (MDGs) is reduction of poverty in all its forms . The MDGs emphasise human development indicators, especially those relating to women and children, to enable people to liv
Smt. Usha Thorat, Deputy Governor, Reserve Bank of India
At the outset, I take this opportunity to thank the Planning Commission, the United Nations Development Programme (UNDP) and the College of Agricultural Banking for inviting me to this very relevant program on human development and State finances. The central theme of the Millenium Development Goals (MDGs) is reduction of poverty in all its forms . The MDGs emphasise human development indicators, especially those relating to women and children, to enable people to liv
Dec 02, 2005
Taking Banking Services to the Common Man – Financial Inclusion *

Ladies and Gentlemen, I am truly honoured to deliver the Fedbank Hormis Memorial Foundation commemorative lecture. The illustrious list of the previous years’ speakers indicates the kind of significance this commemorative lecture has acquired over the years. The late Shri K.P.Hormis, founder of Federal Bank, was a visionary and left behind an institutional set up in the form of Federal Bank which has been doing yeoman service for well over seventy five years. The Fedb

Shri V. Leeladhar, Deputy Governor, Reserve Bank of India

Ladies and Gentlemen, I am truly honoured to deliver the Fedbank Hormis Memorial Foundation commemorative lecture. The illustrious list of the previous years’ speakers indicates the kind of significance this commemorative lecture has acquired over the years. The late Shri K.P.Hormis, founder of Federal Bank, was a visionary and left behind an institutional set up in the form of Federal Bank which has been doing yeoman service for well over seventy five years. The Fedb

Aug 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
Feb 05, 2004
Agricultural Credit in India: Status, Issues and Future Agenda*
INTRODUCTION: HISTORICAL OVERVIEW O F AGRICULTURAL CREDIT IN INDIA RISK IN INDIAN FARMING Settled agriculture in India has had a long history because of the fertile plains of Northern India irrigated by the Indus, the Ganga-Jamuna river systems and the Brahmaputra in the East. Southern India has its own river systems and has, moreover, been characterised by its impressive history of sophisticated water management systems: perhaps among the most developed historically.
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
INTRODUCTION: HISTORICAL OVERVIEW O F AGRICULTURAL CREDIT IN INDIA RISK IN INDIAN FARMING Settled agriculture in India has had a long history because of the fertile plains of Northern India irrigated by the Indus, the Ganga-Jamuna river systems and the Brahmaputra in the East. Southern India has its own river systems and has, moreover, been characterised by its impressive history of sophisticated water management systems: perhaps among the most developed historically.
Nov 21, 2003
Challenges to Monetary Policy in A Global Context
Rakesh Mohan* I. Introduction Recent global developments have transformed the environment in which monetary policy operates, throwing up opportunities as well as challenges. Globalisation has expanded economic interdependence and interaction of countries greatly. This has created the need for greater coordination in terms of the design of appropriate institutional architecture as well as standardisation reflected in the adoption of similar monetary policy approaches.
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
Rakesh Mohan* I. Introduction Recent global developments have transformed the environment in which monetary policy operates, throwing up opportunities as well as challenges. Globalisation has expanded economic interdependence and interaction of countries greatly. This has created the need for greater coordination in terms of the design of appropriate institutional architecture as well as standardisation reflected in the adoption of similar monetary policy approaches.

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