India
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”
India adds two more members to board of directors
YH Malegam and MV Rajeev Gowda appointed as directors; announcement follows the seven new members added last month
RBI paper measures optimum inflation threshold
Reserve Bank of India study makes case for adoption of lower inflation target than current threshold level
RBI’s revised securitisation guidelines could ‘kill’ Indian market
Latest Reserve Bank of India revised draft guidelines for securitised transactions draw criticism; one lawyer says the rules would "nearly kill" securitisation in the country
Indian government overhauls RBI central board of directors
Seven new directors replace retirees from Reserve Bank of India’s central board of directors; all will serve four-year terms
Step-up in rate hikes was warranted: RBI’s Mohanty
Reserve Bank of India executive director Deepak Mohanty says tighter monetary policy eased inflationary pressures
RBI profits fall on low return from foreign assets
Reserve Bank of India reports a 20% decline in profits over the 12 months to June due to declines in income on foreign assets and higher expenditure costs
RBI’s Subbarao on scaling up corporate governance in emerging markets
Reserve Bank of India governor Duvvuri Subbarao says banks’ special role as financial intermediaries requires special corporate governance rules
RBI advisory committee split over rate hike
Minutes of Reserve Bank of India’s Technical Advisory Committee shows divisions over central bank’s decision to raise interest rates
RBI’s Mohanty on success of new monetary policy framework
Reserve Bank of India executive director Deepak Mohanty offers positive feedback on central bank’s new operating framework
RBI governor Subbarao’s term extended
Prime minister approves two-year extension to Duvvuri Subbarao’s term as central bank chief
Reserve Bank of India's Rajagopalan dies
Shashi Rekha Rajagopalan, a member of the central board of directors of the Reserve Bank of India, passes away; Reserve Bank governor pays respects