D Subbarao

He also said the public should be made more aware of the cost and benefits of these freebies and that it is the responsibility of the government to educate the population on this.

RBI should limit intervention in forex market, says D Subbarao

On the foreign exchange reserve front, the former RBI governor said holding reserves is a safety net, but also involves cost.

D Subbarao Exclusive Interview: India’s debt-to-GDP ratio is high; it is a concern and should be brought down, says former RBI Governor

A high debt-to-GDP ratio is a matter of concern because it is one of the main indicators of macroeconomic stability, and that's something that foreign investors and domestic investors track, he said.

Former RBI governor D Subbarao suggests 10-year road map for privatisation of all public sector banks

Subbarao further said that the big bang approach to privatisation of state-owned banks is not desirable but at the same time the issue should not be put on the back burner.

RBI's criticism for "delayed" rate hike unfair, says D Subbarao

Earlier this month, Monetary Policy Committee (MPC), the central bank’s rate-setting panel, surprised the markets with a 40 basis points hike in repo rate in an off-cycle policy meeting. It was also the first rate hike after August 2018, amid spiralling inflation.

India’s inflation heat : As prices skyrocket, poor households face a double whammy, cut spending

Expensive food and fuel have burnt a deep hole in the pockets of consumers; the poor have been particularly badly hit 

Foster innovative thinking in the IAS by defining KPIs, KRAs

The fear of losing if targets aren’t met inspires innovation in the corporate world — something that doesn’t come about in a structure of ‘time bound’ promotions and wage increments 

Budget should focus on bridging widened inequality in economy, creating jobs: D Subbarao

Subbarao also opined that experience shows export promotion behind protectionist walls is seldom competitive, so there is a case for reducing the tariffs.

Need to make sure economic growth benefit 'is shared'; unemployment a crisis: D Subbarao

According to Subbarao, faster growth is necessary but at the same time it is not sufficient, and there is a need to address the issue of rising inequality as well.

'Competition laws, IPR encourage innovation, contribute to human progress': Ex-RBI Guv D Subbarao

D Subbarao said that competition keeps businesses on the edge and to keep improving..

Coronavirus pandemic | India not close to debt monetisation, says former RBI chief D Subbarao

Subbarao was speaking at a virtual event to release a book titled 'Quest for Restoring Financial Stability in India' by former RBI Deputy Governor Viral V Acharya.

Former RBI chief Subbarao cautions against 'fiscal profligacy'

The comments weeks after official data indicated that the government has exhausted 107 per cent of the budgeted deficit gap of 3.4 per cent with five months to go for the fiscal end.

Urjit Patel resignation talk underscores one of the worst RBI-govt spats in history

The development shows that relations between the central bank and the Executive at the moment are about the coldest they have ever been

2008 financial crisis affected emerging markets more than expected: D Subbarao

According to Subbarao, RBI employed number of unconventional measures to fight crisis like line of credit for non-bank finance companies and mutual funds.

D Subbarao cautions India on deficit, import duties

The country's balance of payments crisis in 1991 and the near crisis in 2013 were consequences of unchecked fiscal profligacy spilling over into the external sector, he said.

Demonetisation benefits to be felt in long term: Former RBI Gov Subbarao

The cost of demonetisation has been paid in last eight months but benefits will be felt over the long term, former Reserve Bank of India (RBI) governor D Subbarao said.

Investments key to ensure growth in the country: D Subbarao

Subbarao was speaking at a meeting jointly organised last night by the Rotary Clubs of Hyderabad and the Federation of Telangana and Andhra Pradesh Chamber of Commerce and Industry (FTAPCCI).

Watch: 10th Mint Annual Banking Conclave

Watch accompanying videos of the 10th Mint Annual Banking Conclave 2017, wherein eminent panellists Dr. D Subbarao, Former Governor of Reserve Bank of India and CB Bhave, Former Chairman of Sebi are discussing about slowdown in the economy after demonetisation.

In first address, Patel asks staff to guard RBI reputation

In his first address to the staff after taking over as the 24th Governor on September 4, 2016, Patel, in an email, said the RBI has achieved the excellence only because of the collective efforts of its employees.

Note ban most disruptive policy innovation since 1991:Subbarao

Former Reserve Bank governor D Subbarao today termed demonetisation as "creative destruction and the most disruptive policy innovation since 1991 reforms" that has helped destroy blackmoney.

Chidambaram demands Nov 8 RBI meeting minutes made public

Addressing the media on the last day of depositing the invalid notes in banks, Chidambaram also demanded that the agenda and minutes of the crucial RBI Board meeting along with the Cabinet Note of demonetisation be made public.

Delegalising notes will have positive implications: Subbarao

The Indian government's decision to delegalise high denomination currency notes may hurt growth in short-term, but in the medium- to long-term it will have positive macroeconomic implications, former RBI Governor D Subbarao has said.

Govt shouldn't play Robin Hood with unreturned notes: Subbarao

Former Reserve Bank of India Governor D Subbarao cited speculation that the government could use the currency that is not returned to solve its fiscal problems or to recapitalise banks, but pointed out that such a step would send out the wrong message

Change of guard at RBI: Urjit Patel's tenure begins

Traditionally, the handover of charge by the outgoing Governor to the new head of the central bank has been a public affair and had taken place in the past in front of media cameras and this was also the case when Rajan had taken over from his predecessor D Subbarao.

RBI faced pressures from govt for cutting rates: Subbarao

Subbarao, who was succeeded by incumbent Raghuram Rajan, also advocated for a longer five-year term for the central bank governor instead of present system to an initial three year term which can be extended by another two years.