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May 18, 2013
Perspectives on Banking in India
I thank Shri Rajiv Mundhra, President Indian Chamber of Commerce (ICC) and Shri Rajeev Singh, Director General ICC for the opportunity to be a part of this distinguished panel. The ICC is making an important contribution to the development of banking by bringing together the experience and expertise from the banking industry, corporate sector and financial regulators through its banking summits year after year. In this year’s Summit too, I see a judicious mix of exper
Shri Deepak Mohanty, Executive Director, Reserve Bank of India
I thank Shri Rajiv Mundhra, President Indian Chamber of Commerce (ICC) and Shri Rajeev Singh, Director General ICC for the opportunity to be a part of this distinguished panel. The ICC is making an important contribution to the development of banking by bringing together the experience and expertise from the banking industry, corporate sector and financial regulators through its banking summits year after year. In this year’s Summit too, I see a judicious mix of exper
May 14, 2013
Strengthening the Banking Supervision through Risk Based Approach: Laying the Stepping Stones
The learned Non-executive directors on the Boards of various commercial banks; Shri A.K. Garg, CGM, CAFRAL; colleagues from the Reserve Bank of India; ladies and gentlemen. It is a pleasure and privilege for me to be amongst you this morning at the inaugural session of this conference organized by CAFRAL, with the objective of enabling non-executive directors of commercial banks to effectively perform their responsibilities as members of Bank Boards. As non-executive
Dr. K.C. Chakrabarty, Deputy Governor, Reserve Bank of India
The learned Non-executive directors on the Boards of various commercial banks; Shri A.K. Garg, CGM, CAFRAL; colleagues from the Reserve Bank of India; ladies and gentlemen. It is a pleasure and privilege for me to be amongst you this morning at the inaugural session of this conference organized by CAFRAL, with the objective of enabling non-executive directors of commercial banks to effectively perform their responsibilities as members of Bank Boards. As non-executive
May 08, 2013
Indian Financial Markets: Fuelling the Growth of the Indian Economy
1. Dr. Arvind Mayaram, Secretary, Department of Economic Affairs, Ministry of Finance, Mr. S. Gopalakrishnan, President, Confederation of Indian Industry (CII), Mr. Jignesh Shah, Chairman, CII National Committee on Financial Markets, Mr. Chandrajit Banerjee, Director General, CII, distinguished delegates. Let me start by complimenting CII for selecting Indian Financial Markets: Fuelling the Growth of the Indian Economy as the theme of the session. It is now well known
Shri Harun R Khan, Deputy Governor, Reserve Bank of India
1. Dr. Arvind Mayaram, Secretary, Department of Economic Affairs, Ministry of Finance, Mr. S. Gopalakrishnan, President, Confederation of Indian Industry (CII), Mr. Jignesh Shah, Chairman, CII National Committee on Financial Markets, Mr. Chandrajit Banerjee, Director General, CII, distinguished delegates. Let me start by complimenting CII for selecting Indian Financial Markets: Fuelling the Growth of the Indian Economy as the theme of the session. It is now well known
May 06, 2013
Indian Rural Banking Sector: Big Challenges and the Road Ahead
Respected Dr. Thingalaya, Former CMD Syndicate Bank, Dr. G. L. Easwara Prasad, Principal, Mangalore Institute of Technology and Engineering, senior bankers and dear students. I am extremely delighted to be amongst you in this prestigious institute which has several achievements in engineering studies to its credit in a very short span of time. I am honoured, privileged and happy to inaugurate this topical seminar aptly titled Indian Banking Sector Big Challenges and t
Dr. (Smt.) Deepali Pant Joshi, Executive Director, Reserve Bank of India
Respected Dr. Thingalaya, Former CMD Syndicate Bank, Dr. G. L. Easwara Prasad, Principal, Mangalore Institute of Technology and Engineering, senior bankers and dear students. I am extremely delighted to be amongst you in this prestigious institute which has several achievements in engineering studies to its credit in a very short span of time. I am honoured, privileged and happy to inaugurate this topical seminar aptly titled Indian Banking Sector Big Challenges and t
Apr 30, 2013
Regulation for Financial Consumer Protection: Present Status and Future Directions
Presentation Shri A.C. Mahajan, Chairman, BCSBI; Shri C.K Krishnan and Shri M. M. Chitale, Members of BCSBI Governing Council; Shri N. Raja, CEO, BCSBI; Smt. Meena Hemachandra, Principal, College of Agricultural Banking; Principal Code Compliance Officers (PCCOs) from various scheduled commercial banks and urban cooperative banks; officials from BCSBI; colleagues from the Reserve Bank of India; ladies and gentlemen. It is a pleasure for me to be here today at the PCCO
Dr. K.C. Chakrabarty, Deputy Governor, Reserve Bank of India
Presentation Shri A.C. Mahajan, Chairman, BCSBI; Shri C.K Krishnan and Shri M. M. Chitale, Members of BCSBI Governing Council; Shri N. Raja, CEO, BCSBI; Smt. Meena Hemachandra, Principal, College of Agricultural Banking; Principal Code Compliance Officers (PCCOs) from various scheduled commercial banks and urban cooperative banks; officials from BCSBI; colleagues from the Reserve Bank of India; ladies and gentlemen. It is a pleasure for me to be here today at the PCCO
Apr 23, 2013
Environmental and Social Sustainability: Key Issues and Concerns
Mr. Robert Tacon, Tutor, United Nations Environment Programme- Financial Initiative (UNEP FI); Ms. Stefanie Bauer, Advisor, Private Sector Development, GIZ; Mr. Pralay Mondal, Senior Group President – Retail & Business Banking, Yes Bank; Mr. Mengqi Cai, Programme Officer, Asia Pacific Task Force, UNEP FI; delegates to the event; members of the print and electronic media; ladies and gentlemen. It is a pleasure to be present here today to address this august gatheri
Dr. K.C. Chakrabarty, Deputy Governor, Reserve Bank of India
Mr. Robert Tacon, Tutor, United Nations Environment Programme- Financial Initiative (UNEP FI); Ms. Stefanie Bauer, Advisor, Private Sector Development, GIZ; Mr. Pralay Mondal, Senior Group President – Retail & Business Banking, Yes Bank; Mr. Mengqi Cai, Programme Officer, Asia Pacific Task Force, UNEP FI; delegates to the event; members of the print and electronic media; ladies and gentlemen. It is a pleasure to be present here today to address this august gatheri
Apr 18, 2013
Remarks by Dr. Duvvuri Subbarao, Governor, Reserve Bank of India at IMF Conference on Rethinking Macro Policy II, Washington DC, on April 17, 2013
Session VI: Capital Account Management Three sub-topics (i) Capital controls (ii) Reserves (iii) International provision of liquidity I. Capital Account Management Intellectual Shift on Capital Controls The change in our world view on capital account management is by far one of the most remarkable intellectual shifts brought on by the crisis. In her opening remarks yesterday, the Managing Director said that the crisis shattered the consensus on many macroeconomic issu
Dr. D. Subbarao, Governor, Reserve Bank of India
Session VI: Capital Account Management Three sub-topics (i) Capital controls (ii) Reserves (iii) International provision of liquidity I. Capital Account Management Intellectual Shift on Capital Controls The change in our world view on capital account management is by far one of the most remarkable intellectual shifts brought on by the crisis. In her opening remarks yesterday, the Managing Director said that the crisis shattered the consensus on many macroeconomic issu
Apr 17, 2013
Talking Points of Dr. Duvvuri Subbarao, Governor, Reserve Bank of India at Seminar on Strengthening IMF Surveillance IMF Spring Meetings, Washington DC, on April 16, 2013
Question 1: Over the next three to five years, what do you see as the critical issues for IMF Surveillance? Response There are several critical issues for IMF Surveillance over the next three to five years. I want to focus on two of them. Is the IMF able to analyze and understand the growing complexity of global linkages? Does the IMF have an objective, unbiased and contestable view on various aspects of Capital Account Management! I will look at these issues from an
Dr. D. Subbarao, Governor, Reserve Bank of India
Question 1: Over the next three to five years, what do you see as the critical issues for IMF Surveillance? Response There are several critical issues for IMF Surveillance over the next three to five years. I want to focus on two of them. Is the IMF able to analyze and understand the growing complexity of global linkages? Does the IMF have an objective, unbiased and contestable view on various aspects of Capital Account Management! I will look at these issues from an

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