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Aug 27, 2004
Current Concerns and Some Perspectives on Inflation*
Dear Shri Bajpaiji, Shri C. S. Rao garu, Shri Kamesam, Dr. Gulati and friends, At the outset, I am thankful to the Institute for inviting me to this function and giving the pleasure of being with you all. The programme clearly says that I have to give some concluding remarks. This makes it clear that my presence is essentially ceremonial – hand over the certificates to the bright young people and just give a few remarks, basically perhaps because the Reserve Bank of I
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Dear Shri Bajpaiji, Shri C. S. Rao garu, Shri Kamesam, Dr. Gulati and friends, At the outset, I am thankful to the Institute for inviting me to this function and giving the pleasure of being with you all. The programme clearly says that I have to give some concluding remarks. This makes it clear that my presence is essentially ceremonial – hand over the certificates to the bright young people and just give a few remarks, basically perhaps because the Reserve Bank of I
Aug 20, 2004
Development of Forex Markets in India : Review and Prospects
I am delighted to be in Colombo today to address the 15th National Forex Assembly. India and Sri Lanka have had very close and friendly neighbourly relations especially culturally, for centuries - indeed millennia. On behalf of Reserve Bank of India, I bring greetings to you all and express appreciation of the warm hospitality of the host country. RBI has always actively participated in the meetings of national Forex Assembly at Governor or Deputy Governor level. I am
Smt. K.J. Udeshi, Deputy Governor, Reserve Bank of India
I am delighted to be in Colombo today to address the 15th National Forex Assembly. India and Sri Lanka have had very close and friendly neighbourly relations especially culturally, for centuries - indeed millennia. On behalf of Reserve Bank of India, I bring greetings to you all and express appreciation of the warm hospitality of the host country. RBI has always actively participated in the meetings of national Forex Assembly at Governor or Deputy Governor level. I am
Aug 14, 2004
Debt Markets in India - Issues and Prospects
I am very happy to be amongst you today to deliver the keynote address at the 3 rd Annual Citibank - Fitch Debt Markets Conference. I understand that the response to the previous Citibank-Fitch debt markets conferences has been very encouraging, which has motivated the organisers to convert this into an annual event. This kind of interaction among investors and issuers provides an opportunity for mutual discussions in the interest of fostering further market developme
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
I am very happy to be amongst you today to deliver the keynote address at the 3 rd Annual Citibank - Fitch Debt Markets Conference. I understand that the response to the previous Citibank-Fitch debt markets conferences has been very encouraging, which has motivated the organisers to convert this into an annual event. This kind of interaction among investors and issuers provides an opportunity for mutual discussions in the interest of fostering further market developme
Jul 30, 2004
Indian Banking and e-Security*
I. INTRODUCTION Thank you very much for inviting me to this inaugural session of the Conference on e-security. With the expansion of IT applications in the Indian banking system, there is a concomitant increase in concerns relating to e-security. It is, therefore, very appropriate and timely that the Indian Banks' Association (IBA) and Manufacturers Association of Information Technology (MAIT) have come together to organize this conference. The banking sector is one o
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
I. INTRODUCTION Thank you very much for inviting me to this inaugural session of the Conference on e-security. With the expansion of IT applications in the Indian banking system, there is a concomitant increase in concerns relating to e-security. It is, therefore, very appropriate and timely that the Indian Banks' Association (IBA) and Manufacturers Association of Information Technology (MAIT) have come together to organize this conference. The banking sector is one o
Jul 17, 2004
India and the Global Economy
Friends, I am delighted to be here in the Lal Bahadur Shastri National Academy of Administration, Mussoorie. You are among the few that have succeeded in perhaps one of the most competitive and fairest examinations in the world. You have the additional advantage of having spent some time in the rural and semi urban areas of our country while in the districts. I chose the subject `India and global economy’ precisely because during the next three to four decades that yo
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Friends, I am delighted to be here in the Lal Bahadur Shastri National Academy of Administration, Mussoorie. You are among the few that have succeeded in perhaps one of the most competitive and fairest examinations in the world. You have the additional advantage of having spent some time in the rural and semi urban areas of our country while in the districts. I chose the subject `India and global economy’ precisely because during the next three to four decades that yo
Jun 27, 2004
Financial Stability : Indian Experience
I am thankful to the BIS for inviting me to share some thoughts on financial stability issues in the Panel of four Governors. It is an honour to address the galaxy of central bankers assembled here in connection with the annual meetings of the BIS. My observations are based on the Indian experience and would focus on rebalancing of efficiency and stability in the context of financial sector reforms in India. 2. In India, we have been moving from a government-dominated
Dr. Y. V. Reddy, Governor, Reserve Bank of India
I am thankful to the BIS for inviting me to share some thoughts on financial stability issues in the Panel of four Governors. It is an honour to address the galaxy of central bankers assembled here in connection with the annual meetings of the BIS. My observations are based on the Indian experience and would focus on rebalancing of efficiency and stability in the context of financial sector reforms in India. 2. In India, we have been moving from a government-dominated
Jun 25, 2004
Remarks on capital account liberalisation and capital controls
I am thankful to Bank of England for the excellent arrangements and well thought out agenda for the 2004 Central Bank Governors' Symposium. As desired by Governor Mervyn King, I will give a brief introduction in this session on capital account liberalisation and capital controls. Professor Kenneth Rogoff's well-researched messages on effects of financial globalisation on developing countries are appropriate as governing thoughts for this session. There is evidence of
Dr. Y. V. Reddy, Governor, Reserve Bank of India
I am thankful to Bank of England for the excellent arrangements and well thought out agenda for the 2004 Central Bank Governors' Symposium. As desired by Governor Mervyn King, I will give a brief introduction in this session on capital account liberalisation and capital controls. Professor Kenneth Rogoff's well-researched messages on effects of financial globalisation on developing countries are appropriate as governing thoughts for this session. There is evidence of
Jun 02, 2004
Implementation of Basel II: An Indian Perspective
Address by Smt. Kishori J. Udeshi, Deputy Governor, Reserve Bank of India at the World Bank/IMF/US Federal Reserve Board 4th Annual International Seminar on Policy Challenges for the Financial Sector : Basel II at Washington on June 2, 2004 Yesterday we had very absorbing discussions on macro issues, regulatory perspectives and risk management challenges relating to Basel II. We are now not debating whether to go forward with Basel II but how to implement Basel II. In
Smt. K.J. Udeshi, Deputy Governor, Reserve Bank of India
Address by Smt. Kishori J. Udeshi, Deputy Governor, Reserve Bank of India at the World Bank/IMF/US Federal Reserve Board 4th Annual International Seminar on Policy Challenges for the Financial Sector : Basel II at Washington on June 2, 2004 Yesterday we had very absorbing discussions on macro issues, regulatory perspectives and risk management challenges relating to Basel II. We are now not debating whether to go forward with Basel II but how to implement Basel II. In
Apr 24, 2004
International Monetary and Financial Committee Statement
Ninth Meeting April 24, 2004Statement by Dr. Y.V. Reddy, Governor, Reserve Bank of India and Leader of the Indian Delegation On behalf of Bangladesh, Bhutan, India and Sri Lanka Statement by Dr. Y.V. Reddy, Governor, Reserve Bank of India and Leader of the Indian Delegation To the International Monetary and Financial Committee(IMFC), Washington, D.C., April 24, 2004 Representing the Constituency consisting of Bangladesh, Bhutan, India and Sri Lanka Mr. Chairman The Gl
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Ninth Meeting April 24, 2004Statement by Dr. Y.V. Reddy, Governor, Reserve Bank of India and Leader of the Indian Delegation On behalf of Bangladesh, Bhutan, India and Sri Lanka Statement by Dr. Y.V. Reddy, Governor, Reserve Bank of India and Leader of the Indian Delegation To the International Monetary and Financial Committee(IMFC), Washington, D.C., April 24, 2004 Representing the Constituency consisting of Bangladesh, Bhutan, India and Sri Lanka Mr. Chairman The Gl
Apr 07, 2004
A Policy Update
Friends, I have great pleasure in participating in this book release function. The Academic Foundation has provided yeomen service in bringing out this book, which is very valuable and special for several reasons. It is essential to note that the title of the book reminds us that the focus of accelerating growth should be on poverty reduction. The writing displays a high degree of objectivity. Of particular interest to students and policy-makers is that it presents, i
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Friends, I have great pleasure in participating in this book release function. The Academic Foundation has provided yeomen service in bringing out this book, which is very valuable and special for several reasons. It is essential to note that the title of the book reminds us that the focus of accelerating growth should be on poverty reduction. The writing displays a high degree of objectivity. Of particular interest to students and policy-makers is that it presents, i

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