India
RBI: lack of education limits electronic payments
A lack of education among bank staff at the branch level is the main reason for the slow adoption of electronic transfers in India, said Vittaldas Leeladhar, a deputy governor of the Reserve Bank of India.
RBI moves to counter "intolerable" inflation
The Reserve Bank of India looked to assert its inflation-fighting credentials on Tuesday, raising its policy rate and reserve ratio, and warning of regulatory action if financial institutions continue to lend excessively.
RBI issues draft mobile guidelines
The Reserve Bank of India issued a consultation document on mobile payments in June.
India's Reddy champions growth for all
Economic growth should only be an objective of the Reserve Bank of India if wealth creation is inclusive, says Y.V. Reddy, the governor of the central bank
India acts on double-digit inflation
The Reserve Bank of India on Tuesday made its second emergency rate increase this month, raising borrowing costs by half a point after inflation reached a 13-year high last week.
RBI will act to curb double-digit inflation: Reddy
Y.V. Reddy, the governor of the Reserve Bank of India, indicated on Monday that the central bank would move to counter inflation, now at a 13-year high.
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 hikes unexpectedly to counter price surge
The Reserve Bank of India surprised markets by lifting its benchmark repurchase rate to 8% on Wednesday.
India's Reddy: food demand to stay high
Y.V. Reddy, the governor of the Reserve Bank of India, believes demand for agricultural products will remain high for the next two to three decades.
India's Thorat on the limits of financial literacy
Financial literacy can lead to informed and responsible consumers, but it cannot by itself ensure consumer protection, said Usha Thorat, a deputy governor at the Reserve Bank of India.
How globalisation impacts rate-setting in India
Despite a relatively low degree of openness, India's domestic monetary conditions are highly influenced by global factors, research published by the International Monetary Fund finds.
India's Reddy on the true aim of economic growth
The prospects for growth and stability in India are great, but greater are the challenges in fulfilling the very basic objectives of public policy, said Y.V. Reddy, the governor of the Reserve Bank of India.
India's Chidambaram dismisses SWF plans
Palaniappan Chidambaram, India's finance minister, has said that Delhi has no plans to establish a sovereign wealth fund at the moment.
India warns on prices but keeps rates unchanged
The Reserve Bank of India held rates at its quarterly monetary policy meeting on Tuesday in spite of inflation reaching a three-year high in the weeks leading up the meeting.
RBI deputy on financial sector consolidation
An increasing number of India's private sector banks are now deciding to merge with one another, Shri Leedladhar, a deputy governor at the Reserve Bank of India, noted.
RBI hikes reserve ratio on back of price fears
The Reserve Bank of India has taken emergency steps to tackle burgeoning inflation just 12 days before its scheduled monetary policy meeting.
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.
Indian inflation "unacceptably high": Reddy
Y.V. Reddy, the governor of the Reserve Bank of India, has said that the institution is ready to act on inflation, which hit a fresh three-year high at the end of March.
SWF to manage India's FX reserves?
Part of India's foreign exchange reserves, owned by the central bank, could be better managed by a sovereign wealth fund, Y.V Reddy, the governor of the Reserve Bank of India, said on Monday.
RBI calls for better banking
Shyamala Gopinath, a deputy governor at the Reserve Bank of India, called on banks to improve their standards of customer service.
India's inflation surge may mean rate rise
India's key inflation rate rose to a three-year high, said the government on 4 April, raising the possibility of a rate rise being imposed by the Reserve Bank of India.
Fostering lending to Indian SMEs - Mohan
India's financial system is still not adequately geared to finance new ideas and new firms, said Rakesh Mohan, a deputy governor of the Reserve Bank of India.
Emerging markets set to suffer, says IMF head
Dominique Strauss-Kahn, the managing director of the International Monetary Fund, has said that the turmoil in the US subprime market will affect emerging market growth.
Chinese and Indian roles in world markets limited
China's and India's roles in the global financial system are relatively limited, research published by the European Central Bank finds.