India
Speech by Shri Vepa Kamesam of India's Res Bank
SPEECH - Keynote address delivered by Shri Vepa Kamesam, Deputy Governor, Reserve Bank of India at the inauguration of the 12th National Forex Assembly organised by Forex Association of India at Goa on 26 October.
RBI protests against faulty telephone directory
INDIA - The Patna unit of the Reserve Bank of India (RBI) has charged the Patna Telephones of the Bharat Sanchar Nigam Limited (BSNL) with neglecting complaints of telephone consumers, in general, and the RBI, in particular, with regard to errors found…
Soiled notes turn to paper bricks!
INDIA - The Gujarat headquarters of the Reserve Bank of India (RBI) has installed a Rs 2 crore note-shredder imported from the Netherlands at its regional head-office near Gandhi bridge, said regional director, RBI-Gujarat VS Das.
RBI plan reserve to cushion investment value moves
INDIA - The Reserve Bank of India is toying with the idea of directing banks to create a special reserve as a cushion for any adverse movements in the value of their investment portfolios that may be triggered off by interest rate volatility.
Shortage of note examiners at Indian central bank
INDIA - The Reserve Bank of India employees' union has warned of a shortage of currency note examiners and other experts in the central bank if the management does not reverse its policy of a "virtual" recruitment ban.
RBI won't cut rate till gov't change policy-report
INDIA - The Reserve Bank of India is unlikely to cut the key bank rate unless the government implements some reforms on its policy on administered interest rates, ICICI Securities & Finance said Thursday 4 October.
Speech by Dr. Reddy Dep Gov, Reserve Bank of India
SPEECH - The Second Foundation Day Lecture by Dr. Y.V. Reddy, Deputy Governor, Reserve Bank of India, at Indian Institute of Management at Indore on 3 October. Speech title, Autonomy of the Central Bank: Changing Contours in India.
Central banks autonomy under global pressure
INDIA - Even though central banks may gain independence from their respective Governments, they may tend to be circumscribed by the compulsions of the international financial community, according to Dr Y.V. Reddy, Deputy Governor, Reserve Bank of India.
Speech by Dr Y.V. Reddy of Reserve Bank of India
SPEECH - Inaugural Address by Dr.Y.V.Reddy, Deputy Governor, Reserve Bank of India, at Seminar on The Future of Government Securities Market in India organized by Primary Dealers Association of India, at Bangalore on 22 September.
Banks need no RBI nod for online debit cards
INDIA - Banks will not be required to seek the approval from the Reserve Bank of India (RBI) for introducing online debit cards, where straight-through-processing is done.
India RBI to release credit policy on 22 October
INDIA - The Reserve Bank of India said Wednesday 3 October that it will publish its bi-annual monetary and credit policy for the current financial year 22 October.
Speech by Dr Reddy Dep Gov, Reserve Bank of India
SPEECH - First Dr.S.Radhakrishnan Memorial Lecture sponsored by University Grants Commission and organized by the University of Hyderabad, delivered by Dr.Y.V.Reddy, Deputy Governor, Reserve Bank of India, at Hyderabad on 5 September.
India banks non-compliant with RBI for net banking
INDIA - None of the banks in the country which offer internet banking facilities today has an IT security policy as stipulated by the Reserve Bank of India.
Speech by Dr Y. V. Reddy of Reserve Bank of India
SPEECH - Address by Dr.Y.V.Reddy, Deputy Governor, Reserve Bank of India, at the 150th anniversary of the Reuters Group, at Mumbai, on August 28, 2001. "Communications Policy of the Reserve Bank of India."
Speech by Shri Vepa Kamesam Reserve Bank of India
SPEECH - Address delivered by Shri Vepa Kamesam, Deputy Governor, Reserve Bank of India at the National Awards Presentation function for State Co-operative Agriculture & Rural Development Banks organized by National Co-operative Agriculture & Rural…
Speech by Dr Y. V. Reddy of Reserve Bank of India
SPEECH - Address by Dr.Y.V.Reddy, Deputy Governor, Reserve Bank of India, to members of the Managing Committee of the Indian Merchants' Chamber on 17 July, 2001, at Mumbai. "Fiscal Transparency and Beyond".
Vajpayee plans economic boost for India
INDIA - Indian Prime Minister Atal Behari Vajpayee has unveiled a plan to revive his country's slowing economy with fresh reforms.
Reserve Bank of India - Annual Report 2000 - 2001
ANNUAL REPORT - The Reserve Bank of India has published its Annual Report for 2000 - 2001. The Annual Report was released on 28 August.
India to showcase dazzling Nizam jewels at last
INDIA - India's most dazzling array of jewellery goes on display for the first time next week amid hefty security for a collection which could be worth more than US $2 billion. The collection has been housed in the vault of India's central bank for years.
Indian bankers jittery over proposed laws
INDIA - Rattled by scams, bankers are now jittery that new laws could push them further towards the edge. The financial regulators are now pitching for a change in the statutes that would put the responsibility on banks, financial institutions and other…
RBI links supervision with risk profile of banks
INDIA - The Reserve Bank of India (RBI) is planning to roll out a bank-specific risk-based supervision (RBS) system from the last quarter of the financial year 2002-2003.
Sharp rise in Indian forex reserves by US $326 bn
INDIA - The country's forex reserves have registered a sharp rise of $326 million to touch $44.135 billion for the week ended August 10, as against $43.809 billion in the previous week.
India RBI says dividend to govt at 93.5 bln rupees
INDIA - The Reserve Bank of India (RBI) said on 17 August it has decided to transfer a dividend of 93.50 billion rupees to the federal government out of its surplus profit.
Dutch Kusters engineering granted India contract
INDIA - Dutch company Kusters Engineering, a manufacturer of machines for the destruction of banknotes, has been granted a 25 mln Dutch guilders ($10.2 mln/11.3 mln euro) contract by the Central Bank of India.