India
RBI's Gopinath on changes in risk management
In the speech 'Changing paradigms in risk management' given on 27 September Smt. Shyamala Gopinath of the Reserve Bank of India said that at the systemic level, efforts have been made to create an enabling environment for all market participants in terms…
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…
RBI governor sees long term real rate challenge
Reserve Bank of India governor, YV Reddy said Thursday 28 September that long term interest rates pose a challenge to the "effectiveness of the economy."
BIS's Knight on global banking: paradigm shift
In the speech 'Global Banking: paradigm shift - towards meeting the emerging challenges' given on Tuesday 26 September Malcolm Knight of the BIS said global banking will flourish in a strong and stable financial environment.
China calls for hedge fund cooperation
Financial regulators across the world must work together to keep tabs on the increasingly powerful hedge fund industry, China's banking regulatory head said in remarks published on Thursday 28 September.
RBI's Reddy on foreign exchange reserves
In the speech 'Foreign exchange reserves: New realities and options' given on 19 September Y.V. Reddy of the Reserve Bank of India said emerging market economies were always wary that capital flows could slow down, and foreign exchange reserves were…
Summers: Central banks should make reserves work
Developing countries hold $2 trillion in excess reserves, but make almost no profit on the money, former U.S. Treasury secretary Lawrence Summers said on Thursday 14 September.
Reserve Bank of India - Annual Report 2005-2006
According to the Reserve Bank of India's Annual Report 2005-2006, inflation pressures remain as state-controlled local fuel prices have not kept pace with global crude prices.
Indian rates may not rise-former governor
India's central bank may hold back on further interest rate hikes this year, according to a former Reserve Bank of India governor, Bimal Jalan.
Stanley Fischer on the new economic powers
The governor of the Bank of Israel, Stanley Fischer, discusses the political and economic implications of the rise of Asian economies.
Reserve Bank of India's annual report
The Indian central bank released its annual report for 2005-2006 on 30 August 2006.
Macfarlane says world can cope with oil shocks
The world economy is surprisingly good at absorbing price pressures from rising oil prices, said Ian Macfarlane, the outgoing governor of Australia's central bank.
India's central bank is not a growth killer
According to this article published Thursday 17 August by Bloomberg, opposition to the Reserve Bank of India's strategy isn't merely academic.
Guru with the keys to the kingdom
In a recent interview with The Banker magazine, Dr YV Reddy, governor of the Reserve Bank of India, says he is "not necessarily looking for a dramatic shift" in the "dynamic mix" that currently makes up the banking sector in India.
Reddy on banks and service to the common person
In the speech 'Banks and service to the common person' given on 1 July Y V Reddy of the Reserve Bank of India said the Reserve Bank has taken several regulatory initiatives including issuance of guidelines to banks on various customer-related issues.
RBI may keep rupee grip post convertibility
The Reserve Bank of India is unlikely to let the rupee off the leash even if the country opts for fuller capital convertibility, according to this article by Reuters published Thursday 27 July.
Comment: RBI sounds warning call
The Reserve Bank of India (RBI) raised interest rates by 25 basis points on 25 July. The central bank warned that the higher oil prices were having a "permanent" effect. Rapid credit growth and rising risk-premia were also top of the list of concerns…
ACU calls for new members
The Asian Clearing Union (ACU) concluded its two-day technical committee meeting Wednesday 19 July calling for the admission of countries beyond the ESCAP Asia/Pacific region.
ACU to discuss payment systems efficiency
Members of the Asian Clearing Union (ACU) will meet in Dhaka this week to discuss ways to make their payment systems easier to use to boost trade, a Bangladesh central bank official told Reuters.
IMF's Rato offers deepest condolences to India
Rodrigo de Rato, Managing Director of the International Monetary Fund, issued a statement on Tuesday 11 July, following the bombings in India.
Fed's 17th increase leaves India with no choice
According to this article published Monday 3 July by Bloomberg, the Reserve Bank of India cannot afford to skip another quarter-point increase in July, with the Federal Reserve boosting rates last week.
RBI's Reddy says monetary policy 'in sync'
Reserve Bank of India governor Y. V. Reddy said on Saturday 10 June that the recent increase in overnight interest rates was necessary so that India was not "out of sync" with the monetary developments in the world.
Comment: Rates on the up
Monetary policymakers from Mumbia to Madrid to Pretoria stepped firmly on the monetary brakes yesterday, with no less than six central banks hiking rates.
Mohan on financial sector reforms, monetary policy
In the speech 'Financial sector reforms and monetary policy: The Indian experience' given on 2 June Rakesh Mohan of the Reserve Bank of India said the RBI will maintain vigil over asset price rises, especially in housing and real estate that are emerging…