India
RBI’s Chakrabarty notes progress in Indian banking sector
Reserve Bank of India deputy governor says improvements still needed in financial inclusion, competition, consolidation and globalisation
RBI’s Khan on curbing irresponsible behaviour in financial markets
Reserve Bank of India deputy governor Harun Khan says financial professionals should be better educated about the social costs of financial crises
RBI's Subbarao highlights new ‘trilemma' facing central banks
Reserve Bank of India governor Duvvuri Subbarao says policy contribution of central banks to sustainable sovereign debt policies must be clarified to maintain independence
RBI’s Mohanty discusses limitations of capital controls
Reserve Bank of India executive director Deepak Mohanty says India’s external debt service position has improved, but country’s external position remains vulnerable
Malaysia’s Zeti encourages stronger economic ties with India
Bank Negara Malaysia governor Zeti Akhtar Aziz says potential for further collaboration between India and Malaysia is “tremendous”
IMF fears eurozone crisis will stall global recovery
World Economic Outlook slashes growth projections for 2012 as downside risks to eurozone economy intensify; IMF warns spill-over effects could slow economic activity globally
RBI’s Subbarao says eurozone situation better than expected
Governor of the Reserve Bank of India says Indian corporates report better conditions in Europe than feared; central bank lowers cash reserve ratio for banks to ease liquidity situation
RBI’s Mahapatra seeks greater surveillance of corporate governance
Reserve Bank of India executive director Shri Mahapatra calls for greater vigilance in corporate governance at financial institutions to avoid further crises
Sebi considers speed limit on high-frequency trading
The head of the Securities and Exchange Board of India calls for a speed limit for high-frequency trading to protect the interests of retail investors
RBI’s Chakrabarty discusses limitations of crisis management frameworks
Reserve Bank of India deputy governor KC Chakrabarty says policy-makers will need to anticipate future crises by taking pre-emptive action
RBI issues final guidelines on bank compensation
Reserve Bank of India releases final guidelines on compensation practices for private banks operating in India; measures will come into effect later this year
RBI’s Sinha: Financial inclusion can be profitable for banks
Reserve Bank of India deputy governor Anand Sinha says universal financial inclusion is a prerequisite for inclusive growth with financial stability
RBI’s Padmanabhan flags issues with pricing of payment products
Reserve Bank of India executive director G Padmanabhan says recent intervention in pricing of electronic products in India was warranted
RBI paper highlights vulnerabilities of India's highly interconnected financial system
Reserve Bank of India study says policies to address excessive inter-institutional exposure in India should focus on financing channels of non-banking financial institutions
RBI abolishes limit on mobile banking transactions
Reserve Bank of India allows unlimited mobile banking transactions; move follows large increase in use of mobile technology
RBI paper highlights shift in credit dynamics over business cycles
Reserve Bank of India study shows the behaviour of credit relative to growth in India changes over different phases of the business cycle
RBI’s Subbarao urges reforms on regulating auditors
Reserve Bank of India governor Duvvuri Subbarao says ban on auditors selling consulting services could reestablish confidence in the industry
Microenterprise development crucial to economic development: RBI’s Chakrabarty
Reserve Bank of India deputy governor, KC Chakrabarty talks about the importance of microenterprise development for progressing India’s economy
Bank of Canada paper on capital control liberalisation in India
Bank of Canada study shows there has been a significant reduction in barriers to arbitrage in India
RBI’s Gokarn warns against rising food inflation
Reserve Bank of India deputy governor Subir Gokarn calls for reforms in infrastructure and technology to ease inflationary risks in the future
Capital flows reversed in India post-QE2: RBI paper
Reserve Bank of India study shows capital inflows into India declined after the US Federal Reserve’s second quantitative easing programme
RBI’s Subbarao discusses how to promote growth in India
Reserve Bank of India governor Duvvuri Subbarao says country needs to introduce several policies to boost growth and live up to image as regional giant
Subbarao emphasises need for broader resolution regimes
Reserve Bank of India governor Duvvuri Subbarao calls for resolution regimes to include non-bank financial institutions
India faces ‘significant’ inflation challenge
Macroeconomic and Monetary Developments review outlines action taken in recent months and describes challenge of bringing down inflation to an acceptable level on a sustainable basis as “significant”