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  • Former RBI Governor YV Reddy says India at 75 needs more domestic savings and investment

    Very early on, India also realised the importance of Atma Nibharta in food and hence an impressive story is the growth of food grain output in the country.

  • Opinion | Why the RBI Act, a British-era relic, is responsible for central bank-govt friction

    Opinion | Why the RBI Act, a British-era relic, is responsible for central bank-govt friction

    Much of central banking literature is focused on the need to have monetary policy rules and targets, ignoring this vital governance aspect of central banks. This needs to change

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

    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

  • Ex-RBI governor YV Reddy slams government over fraud at PNB

    Ex-RBI governor YV Reddy slams government over fraud at PNB

    The former RBI governor, who headed the central bank from 2003 to 2008, said it is the taxpayers who pay for the losses due to such banking frauds.

  • Vinod Rai, Urjit Patel have a message for the govt on PSU banks, but who is listening?

    Vinod Rai, Urjit Patel have a message for the govt on PSU banks, but who is listening?

    The situation at public sector banks is screaming for the government to stop appointing their board members.

  • Increasing investments, productivity, employment a big challenge, says YV Reddy

    Increasing investments, productivity, employment a big challenge, says YV Reddy

    Reforms are done in two ways, incrementally and fundamentally, currently we are doing incremental reforms, says former RBI governor, YV Reddy.

  • Design of recapitalisation process is critical: YV Reddy

    Design of recapitalisation process is critical: YV Reddy

    CNBC-TV18’s Timsy Jaipuria caught up with Former Reserve Bank of India Governor, YV Reddy and asked him his take on the recent bank recapitalisation proposal that the government has put forward.

  • Y V Reddy wanted to quit twice on difference with Chidambaram

    Y V Reddy wanted to quit twice on difference with Chidambaram

    In his autobiography 'Advice and Dissent: My Life in Public Service', Reddy said the two started off on a disagreement over opening of banking system to foreign ownership and by 2008 "there was a growing distance between us."

  • SEBI keen on P-notes; will tighten norms further if SIT so wants

    SEBI keen on P-notes; will tighten norms further if SIT so wants

    Sebi is keen on continuing with participatory notes and it has also told SIT that P-note rules could be tightened further if the agency was not convinced that the present safeguards were adequate.

  • In first address, Patel asks staff to guard RBI reputation

    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.

  • RBI must be autonomous, but also accountable: Ahluwalia

    RBI must be autonomous, but also accountable: Ahluwalia

    Speaking to CNBC-TV18 note economist Montek Singh Ahluwalia said that central banks need to have credibility. The impact of a central bank in people‘s minds depends on this credibility.

  • RBI's autonomy a fundamental fact & we have to maintain it:Jalan

    RBI's autonomy a fundamental fact & we have to maintain it:Jalan

    Speaking to CNBC-TV18 Former RBI Governor Bimal Jalan said that while everybody concedes that the growth rate will go down, the magnitude of the fall varies.

  • Institutional identity of RBI has been damaged: YV Reddy

    Institutional identity of RBI has been damaged: YV Reddy

    Speaking exclusively to CNBC-TV18 Former RBI Governor YV Reddy said that the institutional identity of the banking regulator has been damaged. It is a full-service central bank, he said, adding that the emphasis is only on the monetary policy.

  • Chidambaram demands Nov 8 RBI meeting minutes made public

    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.

  • RBI governors must get one non-renewable 5-year term: D Subbarao

    RBI governors must get one non-renewable 5-year term: D Subbarao

    Another former Governor, C Rangarajan agrees with Subbarao, saying that just like the government's five year plans, a five year Governor term is also vital.

  • Brexit, poor monsoon may force prices up: Rakesh Jhunjhunwala

    Brexit, poor monsoon may force prices up: Rakesh Jhunjhunwala

    There is going to be U-shaped recovery. The depth and pace of it will be difficult to predict, said ace investor Rakesh Jhunjhunwala. There is no need to assume that Rajan is the only man who can continue policy initiatives and the RBI is an institution, he said.

  • A five-year term would have seen Rajan finish his business

    A five-year term would have seen Rajan finish his business

    The Rajan era showed promise of resetting India‘s financial sector. The repositioning of the RBI as primarily an inflation-fighting central bank was the first tenet of Rajanomics. Rajan did it with all the paraphernalia.

  • KV Kamath excellent choice for BRICS Bank: Ex RBI Gov Reddy

    KV Kamath excellent choice for BRICS Bank: Ex RBI Gov Reddy

    YV Reddy also added that the World Bank concentrates only on poor countries, but emerging markets BRICS Bank will be global.

  • Amt available to transfer to states constrained: YV Reddy

    Amt available to transfer to states constrained: YV Reddy

    14th Finance Commission chairman and former RBI governor YV Reddy says the government is now obligated to transfer excess to states under divisible pool.

  • Not right to compare current economic situation to 1991: PM

    Not right to compare current economic situation to 1991: PM

    In 1991, India had reserves to cover only 15 days of imports, whereas now it has reserves to cover seven and a half months of imports. Also now, both interest rate and exchange rate are market determined

  • Empower the fiscal, don't weaken it: YV Reddy

    Empower the fiscal, don't weaken it: YV Reddy

    Former RBI governor YV Reddy tells Forbes India that the government should increase fiscal expenditure, as the private sector cannot meet the rising demand for water, sanitation and public health.

  • Economic strategies are dynamic & need reviewing: YV Reddy

    Economic strategies are dynamic & need reviewing: YV Reddy

    In this edition of Indianomics, former Reserve Bank of India (RBI) Governor, Dr YV Reddy gives his insights on India's reform agenda and his new book, 'Economic Policies and India's Reform Agenda: New Thinking'.

  • Govt will meet disinvestment target of Rs 30k cr: DK Mittal

    Govt will meet disinvestment target of Rs 30k cr: DK Mittal

    DK Mittal, secretary of financial services, GoI, shares his view on banking regulation amendment bill. He says that the RBI being the regulator will be the notifying authority, and they will issue the guidelines for the banking regulation amendment bill very shortly maybe in next two weeks time.

  • We must increase savings to fund own investments: YV Reddy

    We must increase savings to fund own investments: YV Reddy

    YV Reddy, former RBI governor and now chairman of the 14th finance commission launched his new book "Economic policies and India's reform agenda: new thinking." He shared his views on the burgeoning current account deficit and on bank licences.

  • YV Reddy to head 14th Finance Commission

    YV Reddy to head 14th Finance Commission

    The finance minister today announced the formation of the 14th Finance Commission. Former RBI governor, YV Reddy will be the chairman of the commission.

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