Yaga Venugopal Reddy

Governors discuss African market development

The South African Reserve Bank has published a series of papers from a roundtable of governors, where discussions focused on the theme "Financial market developments in Africa: new challenges for central banks?"

India increases reserve ratio to dampen inflation

The Reserve Bank of India has hiked its cash reserve ratio from 7% to 7.5% in an effort to curb inflation. The revised ratio, which was announced as part of its mid-term review of annual policy for the 2007/08 financial year, will apply from 10 November.

King and Reddy to speak on India

Mervyn King, the governor of the Bank of England, and Y.V. Reddy, the governor of the Reserve Bank of India, will discuss the future of the Indian economy in an event at the London School of Economics on 15 October.

RBI's Reddy on India's financial sector

YV Reddy, governor of the Reserve Bank of India, said "The critical task before the public policy, in general, and Reserve Bank of India, in particular, is to strengthen the structural factors in the economy but determinedly moderate the cyclical and…

Risks rising for emerging markets - RBI's Reddy

Y.V. Reddy, the governor of the Reserve Bank of India, has warned that new financial market players and instruments, as well as greater market integration, mean that the risk of contagion to emerging economies may have grown.

The outlook for the Indian economy

In the speech Dr Y.V. Reddy, the governor of the Reserve Bank of India, discusses macroeconomic performance, the financial sector, the short term outlook, and the challenges and strengths of the Indian economy.

RBI concerned over inflation

The governor of the Reserve Bank of India is believed to have told money market dealers that it is concerned about the capital flows into the country, reported CNBC-TV18 on Tuesday 10 April.

RBI's Reddy on the role of monetary policy

In the speech 'Role of monetary policy in attaining growth with stability: The Indian experience' given on 2 April Y.V. Reddy of the Reserve Bank of India said India has a good story to tell the world on its performance relating to the role of monetary…

India not ready for sustained growth?

According to an article from The Financial Express, 'YVR not ready for sustained growth?', published on Sunday 18 March, India has never had it so good, but current growth levels may not last too long.

Reddy on what the RBI means to the common person

In the speech 'What the Reserve Bank of India means to the common person' given on 18 February Y V Reddy of the Reserve Bank of India said to ensure that people get good quality banking services at a reasonable cost, the RBI has taken several measures.

RBI's Reddy on dynamics of balance of payments

In the speech 'Dynamics of balance of payments in India' given on 16 December Y V Reddy of the Reserve Bank of India said the gross volume of capital account transactions has been rising at a rapid pace, with bi-directional flows.

RBI's Reddy warns on asset prices

Reserve Bank of India governor Y V Reddy told the Financial Times in comments published Wednesday 15 November that Indian property prices are rising uncomfortably fast.

RBI's Reddy on payment and settlement systems

In the speech 'Payment and settlement systems - select issues' given on 20 October YV Reddy of the Reserve Bank of India said the RBI has formulated a 'Payment and Settlement Systems Vision' document for the use of banks, financial institutions as well…

RBI's Reddy on banking and financial sector reform

In the speech 'Banking and financial sector reforms - status and prospects' given on 6 October YV Reddy of the RBI said reflecting on future prospects in banking, immediate focus has to be on the cleaning up of the remnants of undercapitalised banks,…

RBI's Reddy on globalisation, money and finance

In the speech 'Globalisation, money and finance - uncertainties and dilemmas' given on 28 September YV Reddy of the Reserve Bank of India said international financial markets are currently dominated by private equity funds like hedge funds, which are…