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Duvvuri Subbarao

Jul 26, 2016 at 22:21 | Source: Reuters
India should avoid fixating on an inflation target given the need to ensure economic growth and financial stability, former central bank governor Duvvuri Subbarao warned on Tuesday.
Jul 25, 2016 at 17:27 | Source: CNBC-TV18
Terming Reserve Bank Governor Raghuram Rajan's decision to not seek an extension as 'surprising', his predecessor Duvvuri Subbarao says the economy would have been benefited immensely if he had continued.
Jul 20, 2016 at 14:48 | Source: PTI
Noting that the RBI has always been independent, Ramesh argued that the elected government of the day is answerable to the people of the country, while the central bank is not.
Jul 20, 2016 at 14:02 | Source: PTI
The 66-year-old former governor admits to being a "greenhorn" as he started his five years stint at RBI during what were turbulent times both in India and around the world.
Jul 15, 2016 at 16:54 | Source: PTI
He has also blamed then then Finance Minister P Chidambaram's reluctance to accept that the rupee was bleeding more because of domestic issues and less due to external factors like the taper tantrums
Jul 15, 2016 at 12:56 | Source: PTI
"Both Chidambaram and Pranab Mukherjee were piqued by the Reserve Bank's tight interest rate policy on the ground that high interest rates were inhibiting investment and hurting growth," writes Subbarao, who manned the Mint Road during the global financial crisis and had a five-year tenure from September 5, 2008 to September 4, 2013.
Mar 31, 2016 at 16:04 | Source: PTI
Former Governor Duvvuri Subbarao who was at the helm from 2008-2013, noted that before every policy review, RBI consults stakeholders like corporate leaders, banks, NBFCs, financial sector participants, financial markets and economists and gets their views on what it should do, hinting that voices of the poor are not heard.
Aug 12, 2015 at 14:06 | Source: Firstpost.com
As far as the RBI is concerned, it has to balance its US dollar bets with gold. When and if the dollar falls, the fall in the value of our forex reserves will be cushioned by our holdings of gold.
Aug 07, 2015 at 18:25 | Source: CNBC-TV18
Dr Duvvuri Subbarao, the previous governor of the Reserve Bank of India (RBI), has backed the demand for the central bank chief being given a veto power over interest rate decisions that are proposed to be handed over to a monetary policy committee (MPC).
Dec 22, 2014 at 14:44 | Source: Firstpost.com
In plain words, Subramanian is saying that Chidambaram left his bills for 2013-14 unpaid, and passed them on to the next government, by shifting payments to 2014-15.
Messages on Duvvuri Subbarao »

R Jagannathan

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Economy  

, but they are not the cause or the remedy for the current slowdown. Duvvuri Subbarao was forced to raise interest rates as a response to fiscal inaction on the inflation front. He did it late, and not because he had it in for Pranab Mukherjee or Chidambaram. High inflation pushed household savings away from financial

11.25 AM Jun 4th 2014

R Jagannathan

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Banking & Financial Services - Sector  

to make relations between North Block and Mint Street testier as growth versus inflation tensions play out in the public arena. It is worth recalling that the spat between Finance Minister P Chidambaram and the previous RBI Governor, Duvvuri Subbarao, started when Subbarao failed to oblige him with a rate

5.32 PM Jan 22nd 2014

R Jagannathan

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Tax Planning & Help  

better demonstrated than in the case of former Reserve Bank Governor Duvvuri Subbarao, who initiated the entire round of KYC complications in the banking system, and recently faced roadblocks to opening his own bank account in Hyderabad post-retirement. He had a tough time being KYC-complaint. However

3.11 PM Jan 7th 2014

ramc23

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Yes Bank  

-authored with Urjit Patel one of the most critical papers on RBI`s messed-up monetary policy during Duvvuri Subbarao, indicates that policy framework will assign more importance to inflation than growth. "Assertions that imported inflation and external developments— like global excess liquidity—lie at the root

1.45 PM Sep 26th 2013

Firstpost

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Other Market Topics  

Source:FirstPost - Raghuram Rajan has started his innings with a bang. On the very first day after taking over from Duvvuri Subbarao as Governor of the Reserve Bank of India (RBI), he stamped his authority on the institution by announcing several measures to modernise and liberalise the Indian

12.58 PM Sep 5th 2013

Firstpost

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Currencies  

Source:FirstPost - If Raghuram Rajan got a rapturous welcome from the media yesterday (4 September) on taking over as Governor of the Reserve Bank of India (RBI), the main reason for it was the perceptible gloom surrounding Duvvuri Subbarao`s turbulent five-year tenure. In contrast, Rajan

12.27 PM Sep 5th 2013

Web Messenger

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News Now  

Source:Business Week - Raghuram Rajan, governor of the Reserve Bank of India (RBI), left, greets outgoing RBI governor Duvvuri Subbarao during a news conference at the central bank's headquarters in Mumbai on Sept. 4, 2013. Photographer: Dhiraj Singh/Bloomberg.

12.23 PM Sep 5th 2013

Firstpost

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Economy  

Source:FirstPost - Raghuram Rajan has started his innings with a bang. On the very first day after taking over from Duvvuri Subbarao as Governor of the Reserve Bank of India (RBI), he stamped his authority on the institution by announcing several measures to modernise and liberalise the Indian

10.00 PM Sep 4th 2013

Firstpost

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Economy  

Source:FirstPost - The Reserve Bank of India said Raghuram Rajan, the former chief economist at the International Monetary Fund, todat took oath as the 23rd governor of the central bank, replacing Duvvuri Subbarao.Handing over the baton to Rajan, Subbarao said there is no person more capable than

4.15 PM Sep 4th 2013

valine

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Just Posted  

Markets responded in style with a ton for Nifty and a triple century for Sensex to greet the incoming RBI governor Raghuram Rajan after yesterday`s farewel carnage for Duvvuri Subbarao. At the end of the day Sensex was trading at 18567.55 with the emphatic gains of 332.89 point and Nifty notching

4.01 PM Sep 4th 2013

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