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Yaga Venugopal Reddy

Fiji's Reddy resigns

Reserve Bank of Fiji governor Sada Reddy resigns from his post for unspecified reasons; deputy Barry Whiteside to serve as interim governor

India cuts rates by 1%

The Reserve Bank of India slashed its key short-term lending rate by a full percentage point on Monday. It was the central bank's first reduction in rates since March 2004.

RBI's Reddy on India's fiscal deficit

India must reduce its fiscal deficit but this must not limit the government's ability to promote inclusive growth, Y.V. Reddy, the governor of the country's Reserve Bank, believes.

India's Reddy on the global economy

The Reserve Bank of India is optimistic that the country's mutually beneficial relationship with the global economy will continue, Y.V. Reddy, the governor of the central bank, said.

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