Speeches - RBI - Reserve Bank of India
Speeches & Media Interactions
Monetary Policy Statement by Shri Shaktikanta Das, RBI Governor June 07, 2024
Speeches
Jan 01, 2004
Understanding Reforms
I have great pleasure in welcoming you on behalf of Finance Minister, Mr. Jaswant Singh, on behalf of Reserve Bank of India and, on my own behalf. India has been playing active role in researching and debating issues relating to development, particularly in the context of developing nations. We believe that holding of the Global Development Netowrk (GDN) Annual Conference in India is a tribute to our approach to reform, and is also a recognition of the need to continu
Dr. Y. V. Reddy, Governor, Reserve Bank of India
I have great pleasure in welcoming you on behalf of Finance Minister, Mr. Jaswant Singh, on behalf of Reserve Bank of India and, on my own behalf. India has been playing active role in researching and debating issues relating to development, particularly in the context of developing nations. We believe that holding of the Global Development Netowrk (GDN) Annual Conference in India is a tribute to our approach to reform, and is also a recognition of the need to continu
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Dec 12, 2003
Retail Banking : Challenges Ahead in Distribution Channels in Urban/Rural India - Remarks
The promise of lower transaction costs, increased sales productivity, and more convenient service has lured banks into setting up new delivery channels. Earlier, vast brick and mortar branch network has been considered as an inherent advantage of established banks and new entrants were at huge disadvantage vis-à-vis the established players in terms of customer reach. However, post 1990s new players are effectively taking on the branch network advantage of the establis
Shri Vepa Kamesam, Deputy Governor, Reserve Bank of India
The promise of lower transaction costs, increased sales productivity, and more convenient service has lured banks into setting up new delivery channels. Earlier, vast brick and mortar branch network has been considered as an inherent advantage of established banks and new entrants were at huge disadvantage vis-à-vis the established players in terms of customer reach. However, post 1990s new players are effectively taking on the branch network advantage of the establis
Dec 11, 2003
Towards Globalisation in the Financial Sector in India - Inaugural Address
I am indeed very happy to be, once again, amongst friends– albeit in a slightly different capacity. All of you have been totally supportive to me and, I must express my deep sense of gratitude to you for the warm and affectionate welcome that you gave for my appointment. My address today is in the nature of sharing of some of my preliminary thought processes on the subject of globalisation and the financial sector. The presentation today starts with a framework for ap
Dr. Y. V. Reddy, Governor, Reserve Bank of India
I am indeed very happy to be, once again, amongst friends– albeit in a slightly different capacity. All of you have been totally supportive to me and, I must express my deep sense of gratitude to you for the warm and affectionate welcome that you gave for my appointment. My address today is in the nature of sharing of some of my preliminary thought processes on the subject of globalisation and the financial sector. The presentation today starts with a framework for ap
Dec 09, 2003
Banking and Trade Finance Inaugural Address
I am indeed privileged to be invited to inaugurate this conference and especially so, as this is the first time that the International Chamber of Commerce Banking Commission Meeting is taking place in India. The contribution made by ICC in standardisation is well-known but perhaps what is not so well-known is that the ICC also contributes to making business policy by publishing policy statements and reports and laying down guidelines, goals and rules. This conference
Smt. K.J. Udeshi, Deputy Governor, Reserve Bank of India
I am indeed privileged to be invited to inaugurate this conference and especially so, as this is the first time that the International Chamber of Commerce Banking Commission Meeting is taking place in India. The contribution made by ICC in standardisation is well-known but perhaps what is not so well-known is that the ICC also contributes to making business policy by publishing policy statements and reports and laying down guidelines, goals and rules. This conference
Nov 28, 2003
Finance for Industrial Growth
It is indeed a privilege and an honour for me to deliver the Mohan Kumaramangalam Memorial Lecture here at the Administrative Staff College of India. Mohan Kumaramangalam was one of the most distinguished public servants of his generation. His untimely and unfortunate death in a plane crash in 1973 deprived India of a worthy son. A leftist in his student days in England, Mohan Kumaramangalam was a leading light of Mrs. Gandhi's cabinet. His enduring contribution was t
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
It is indeed a privilege and an honour for me to deliver the Mohan Kumaramangalam Memorial Lecture here at the Administrative Staff College of India. Mohan Kumaramangalam was one of the most distinguished public servants of his generation. His untimely and unfortunate death in a plane crash in 1973 deprived India of a worthy son. A leftist in his student days in England, Mohan Kumaramangalam was a leading light of Mrs. Gandhi's cabinet. His enduring contribution was t
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.
Sep 23, 2003
Boards of Governors - 2003 Annual Meetings
September 23–24, 2003World Bank GroupInternational Bank for Reconstruction and Development International Finance Corporation International Development Association International Centre For Settlement Of Investment Disputes Multilateral Investment Guarantee Agency International Monetary FundStatement by the Hon. Mr. Y.V. Reddy, Alternate Governor of the Fund for India, at the Joint Annual DiscussionMr. Chairman:1. Since we met last in April 2003, there have been some si
Dr. Y. V. Reddy, Governor, Reserve Bank of India
September 23–24, 2003World Bank GroupInternational Bank for Reconstruction and Development International Finance Corporation International Development Association International Centre For Settlement Of Investment Disputes Multilateral Investment Guarantee Agency International Monetary FundStatement by the Hon. Mr. Y.V. Reddy, Alternate Governor of the Fund for India, at the Joint Annual DiscussionMr. Chairman:1. Since we met last in April 2003, there have been some si
Sep 21, 2003
The Global Economy and Financial Markets
Statement by Dr. Y.V. Reddy, Governor, Reserve Bank of India and Leader of the Indian Delegation to the International Monetary and Financial Committee(Dubai, Sunday, September 21, 2003)Mr. Chairman,The Global Economy and Financial MarketsOutlook, Risks and Policy Responses1. There have been several welcome developments in the global environment since we met in last April. To our relief, several uncertainties relating to Iraq war, impact of SARS and volatility in oil p
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Statement by Dr. Y.V. Reddy, Governor, Reserve Bank of India and Leader of the Indian Delegation to the International Monetary and Financial Committee(Dubai, Sunday, September 21, 2003)Mr. Chairman,The Global Economy and Financial MarketsOutlook, Risks and Policy Responses1. There have been several welcome developments in the global environment since we met in last April. To our relief, several uncertainties relating to Iraq war, impact of SARS and volatility in oil p
Sep 19, 2003
Economic Development of the North East Region:Some Reflections* - RAKESH MOHAN
It is a matter of great pleasure to be here with you to deliver the keynote address on this occasion of the 8th anniversary of the North Eastern Development Finance Corporation (NEDFi). As a financial institution NEDFi is unique, given the challenging domain of the North Eastern Region (NER) that it endeavours to promote. Like many of you, I have often wondered why the growth and development performance of this richly endowed Region has been well below its potential;
Dr. Rakesh Mohan, Deputy Governor, Reserve Bank of India
It is a matter of great pleasure to be here with you to deliver the keynote address on this occasion of the 8th anniversary of the North Eastern Development Finance Corporation (NEDFi). As a financial institution NEDFi is unique, given the challenging domain of the North Eastern Region (NER) that it endeavours to promote. Like many of you, I have often wondered why the growth and development performance of this richly endowed Region has been well below its potential;
Sep 16, 2003
Indian Economic Scenario Yesterday – Today – Tomorrow
I am honoured to address this gathering which has been facilitating constructive interactions and garnering public debate on various issues confronting India. The theme chosen for this gathering ‘Indian Economic Scenario – Yesterday, Today and Tomorrow’ is one of the most important issues requiring wide public debate as the Indian Financial system is passing through a phase of transformation and consolidation. It is time to build strategies for the challenges that lie
Shri Vepa Kamesam, Deputy Governor, Reserve Bank of India
I am honoured to address this gathering which has been facilitating constructive interactions and garnering public debate on various issues confronting India. The theme chosen for this gathering ‘Indian Economic Scenario – Yesterday, Today and Tomorrow’ is one of the most important issues requiring wide public debate as the Indian Financial system is passing through a phase of transformation and consolidation. It is time to build strategies for the challenges that lie
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