India
RBI adviser says no pressure on rates
An Indian monetary policy adviser said in an interview on Tuesday 27 September he saw no immediate upward pressure on interest rates but warned that the central bank could not ignore rising U.S. rates.
BOK report sees China dominant economy by 2040
China will become the world's largest economy in terms of GDP by 2040, and India will closely follow its heels, according to a soon to be released report from the Bank of Korea.
RBI's Mohan on communications in central banks
In the speech 'Communications in central banks: A perspective' given on 9 September Rakesh Mohan of the Reserve Bank of India said central bank communication has come a long way. From the secretive central bankers, allegations are now made that they are…
RBI: Banks must improve technology to manage risk
A senior Reserve Bank of India official said Thursday 15 September that Indian banks need to strengthen technology platforms to manage risks better.
Mohan on the Indian economy in a global setting
In the speech 'Indian economy in the global setting' given on 8 September Rakesh Mohan of the Reserve Bank of India said India must seize the opportunities offered by forces of globalization to improve the quality of its people's life.
India's Reddy on monetary co-operation in Asia
In the speech 'Monetary co-operation in Asia' given on 3 September, YV Reddy of the RBI said the RBI is planning a new six-country trade-weighted real effective exchange rate (REER) index for the rupee which would include China's yuan and the Hong Kong…
India's Udeshi on financial system stability
In the speech 'Financial system stability and Basel II -Way forward' given on 26 August Kishori Udeshi of the RBI said the RBI is making efforts to formulate policies to deal with risks arising on account of operations of large and complex financial…
G20 will include IMF, World Bank reform talks
The agenda for October's meeting of the Group of 20 finance ministers and central bank chiefs will include reform of the IMF and World Bank, deputy finance minister Li Yong told the official Xinhua news agency.
RBI's Gopinath on forex, money and G-Sec markets
In a speech given on 13 August Shyamala Gopinath of the Reserve Bank of India said India will ensure stability in the country's $12bn-a-day foreign exchange market amid surging inflows and will maintain its slow pace in opening up the capital account.
RBI eyes Saturday mornings off
The Reserve Bank of India is considering a proposal to change its working hours, by scrapping weekend work and moving to a five-day working week.
Reddy on micro-finance: RBI's approach
In the speech 'Micro-Finance: Reserve Bank's approach' given on 6 August YV Reddy of the RBI said that we, in India, have to focus on extending financial services in both rural and urban areas for ensuring financial inclusion of all segments of the…
India to ensure stability in forex market
India will ensure stability in the country's $12bn-a-day foreign exchange market amid surging inflows and will maintain its slow pace in opening up the capital account, a senior Reserve Bank of India official said.
RBI's Reddy says oil prices need careful response
Reserve Bank of India Governor Y.V. Reddy said on Wednesday 10 August that the central bank would carefully respond to volatile oil prices as it impacts inflation and the exchange rate.
Study says rupee almost pegged to dollar
A study presented to the Singapore Economic Review Conference on Friday 5 August suggests the Indian rupee is virtually pegged to the US dollar, despite the RBI saying it adopts a "managed float" for the currency.
RBI readies for a 'Reddy Era'
This article published Friday 5 August takes an in depth look at Reserve Bank of India governor Yaga Venugopal Reddy. Reddy always speaks his mind, it says, and favours a "consensus" approach to policy issues. He can master any subject and is a voracious…
RBI sees consequences from China rate move
The Reserve Bank of India said on Tuesday 26 July that the shift in exchange rate policy announced by China was likely to have important consequences for the global economy.
Former Reserve Bank of India governor dies
Former governor of the Reserve Bank of India Indravadan Gordhanbhai Patel, died in a New York hospital on Sunday night, family sources were quoted as saying.
RBI technical committee holds first meeting
The first meeting of the Technical Advisory Committee on Monetary Policy was held on Tuesday 19 July at the Reserve Bank of India, Central Office, Mumbai.
RBI's Leeladhar on risk management
In the speech 'Regulation and risk management: Implementing Basel II' given on 9 July, Shri V Leeladhar of the Reserve Bank of India said that the future of the Indian banking industry belonged to a small number of large banks and not to a large number…
RBI: Global uncertainities higher than estimates
Y V Reddy, Governor of Reserve Bank of India, said on Thursday 14 July that global economic uncertainities had surpassed earlier estimates, but maintained that the central bank would stick to the "basic projections" until the review of monetary policy.
RBI's Leeladhar on challenges in banking security
In the speech 'Challenges in banking security' given on 22 June, Shri V Leeladhar of the Reserve Bank of India said that most cyber crimes in the financial sector involved an insider element of the institution concerned.
Oxford honour for former RBI chief
Four decades after he left Oxford University with a Doctorate in Economics, Indian Prime Minister, and former governor of the Reserve Bank of India, Manmohan Singh was due to receive an honorary doctorate on Friday 8 July.
RBI's Reddy on challenges in a globalising economy
In a speech on 'Overcoming challenges in a globalising economy : Managing India's external sector' given on 23 June Y.V. Reddy of the Reserve Bank of India said the bank is unlikely to yield to pressures for significantly accelerating the pace of…
RBI names Rakesh Mohan as deputy governor
The Economic Affairs Secretary, Rakesh Mohan, has been appointed as a Deputy Governor of the Reserve Bank of India and is likely to be in charge of the monetary policy department, an official was quoted as saying on Wednesday 29 June.