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भाषण

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29 जनवरी 2016
भारतीय बैकिंग क्षेत्र के लिए अनुसंधान की अनिवार्यता- एस.एस.मुंदड़ा
Introduction Dr. J. Mahender Reddy, Vice Chancellor, ICFAI Foundation for Higher Education (IFHE) University; Shri S.V. Seshaiah, Director, IBS, Hyderabad; members of faculty from Gokhale Institute of Politics and Economics, Pune and IBS, Hyderabad; Delegates of the Research Conference; ladies and gentlemen ! I am grateful to Gokhale Institute of Politics and Economics, Pune and IBS, Hyderabad for inviting me to deliver the inaugural address at the 1st Banking Researc
श्री एस.एस. मूंदड़ा, उप गवर्नर, भारतीय रिज़र्व बैंक
Introduction Dr. J. Mahender Reddy, Vice Chancellor, ICFAI Foundation for Higher Education (IFHE) University; Shri S.V. Seshaiah, Director, IBS, Hyderabad; members of faculty from Gokhale Institute of Politics and Economics, Pune and IBS, Hyderabad; Delegates of the Research Conference; ladies and gentlemen ! I am grateful to Gokhale Institute of Politics and Economics, Pune and IBS, Hyderabad for inviting me to deliver the inaugural address at the 1st Banking Researc
01 जनवरी 2016
हिंदी सामग्री शीघ्र ही अद्यतन की जाएगी।
Basel III Liquidity Risk Framework – Implementation and Way Forward
Good morning. It is my pleasure to be with you in Hyderabad in this conference on the Basel III Liquidity Risk Framework in India. As the chair of a group discussion on Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) at the Fixed Income Money Market and Derivatives Association of India (FIMMDA) Annual Conference in Prague a couple of months ago, I had hinted that the Reserve Bank would initiate a process of discussions with bankers on the whole gamu
Shri N.S. Vishwanathan, Executive Director, Reserve Bank of India
Good morning. It is my pleasure to be with you in Hyderabad in this conference on the Basel III Liquidity Risk Framework in India. As the chair of a group discussion on Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) at the Fixed Income Money Market and Derivatives Association of India (FIMMDA) Annual Conference in Prague a couple of months ago, I had hinted that the Reserve Bank would initiate a process of discussions with bankers on the whole gamu
22 दिसंबर 2015
भुगतान क्रांति: सहभागिता की तैयारी – आर गांधी
It was in the Reserve Bank’s Payment Systems Vision 2005-08 document, which I was fortunate enough to draft, it was indicated that the focus would be on setting up of a new institution for all retail payment systems and operationalizing a national settlement system. This new institution would be a limited company, owned and operated by banks and act as an umbrella organization for all retail clearing operations, both paper based and electronic. I am very glad that the
श्री आर. गांधी, उप गवर्नर, भारतीय रिज़र्व बैंक
It was in the Reserve Bank’s Payment Systems Vision 2005-08 document, which I was fortunate enough to draft, it was indicated that the focus would be on setting up of a new institution for all retail payment systems and operationalizing a national settlement system. This new institution would be a limited company, owned and operated by banks and act as an umbrella organization for all retail clearing operations, both paper based and electronic. I am very glad that the
21 दिसंबर 2015
एनबीएफसी: मध्यावधि परिदृश्य – आर गांधी
I am happy to be addressing this first ever CII Summit on Non-Banking Financial Companies (NBFCs) to deliberate on “Regulatory Paradigm & Contours of Growth – Vision 2020”. The context in which such a Summit has been organised is also very apt. World over, there is an awakening, post the great financial crisis of 2008, about the existence, contribution, magnitude, significance and risks of non-banking financial sector. From a benign neglect of or indifference to t
श्री आर. गांधी, उप गवर्नर, भारतीय रिज़र्व बैंक
I am happy to be addressing this first ever CII Summit on Non-Banking Financial Companies (NBFCs) to deliberate on “Regulatory Paradigm & Contours of Growth – Vision 2020”. The context in which such a Summit has been organised is also very apt. World over, there is an awakening, post the great financial crisis of 2008, about the existence, contribution, magnitude, significance and risks of non-banking financial sector. From a benign neglect of or indifference to t
12 नवंबर 2015
अनावृत अर्थव्यवस्था-रघुराम जी.राजन
NDTV: Hello and welcome. It’s seldom that am actually really honoured to have two people on the panel to question and to pick their brains. These are two people that I and I think all of us here, we have students from all over the country St Stephens, Delhi School of Economics, LSR, all the top colleges admire. Also it’s the RBI Governor Dr Raghuram Rajan, thank you very much for being here with us. And his friend, who does not always agree with him, Arvind Subramania
डॉ. रघुराम जी. राजन, गवर्नर, भारतीय रिज़र्व बैंक
NDTV: Hello and welcome. It’s seldom that am actually really honoured to have two people on the panel to question and to pick their brains. These are two people that I and I think all of us here, we have students from all over the country St Stephens, Delhi School of Economics, LSR, all the top colleges admire. Also it’s the RBI Governor Dr Raghuram Rajan, thank you very much for being here with us. And his friend, who does not always agree with him, Arvind Subramania
06 नवंबर 2015
भारत में कॉरपोरेट बांड मार्केट: आगामी कार्रवाई के लिए ढांचा- हारून.आर.खान
Speaking at this event - in this panel - leaves me with a sense of déjà vu. The fact that I spoke about the same issue at the same forum three years back in 2012 – and many other fora earlier – reflects the deep-rooted, inertial nature of underlying factors. At least for more than 10 years now development of corporate bond markets in India has been the focus of all stakeholders but the arduous pursuit of the ‘holy grail’ has not delivered desired results. In the proce
श्री हरुण आर खान, उप गवर्नर, भारतीय रिज़र्व बैंक
Speaking at this event - in this panel - leaves me with a sense of déjà vu. The fact that I spoke about the same issue at the same forum three years back in 2012 – and many other fora earlier – reflects the deep-rooted, inertial nature of underlying factors. At least for more than 10 years now development of corporate bond markets in India has been the focus of all stakeholders but the arduous pursuit of the ‘holy grail’ has not delivered desired results. In the proce
31 अक्‍तूबर 2015
सहिष्णुता और अर्थिक प्रगति के प्रति सम्मान – रघुराम जी.राजन
Thank you very much for inviting me back to the Institute to deliver the convocation address. I graduated with a degree in Electrical Engineering 30 years ago. I was overly anxious then about what the future held for me, because I did not realize that the Institute had prepared me so well for what lay ahead. Our professors – and I will not single out any to avoid a disservice to those I do not name – were dedicated professionals. They asked a lot of us, knowing that i
डॉ. रघुराम जी. राजन, गवर्नर, भारतीय रिज़र्व बैंक
Thank you very much for inviting me back to the Institute to deliver the convocation address. I graduated with a degree in Electrical Engineering 30 years ago. I was overly anxious then about what the future held for me, because I did not realize that the Institute had prepared me so well for what lay ahead. Our professors – and I will not single out any to avoid a disservice to those I do not name – were dedicated professionals. They asked a lot of us, knowing that i
28 अक्‍तूबर 2015
सहकारी बैकिंग की अवस्था कैसी? - आर. गांधी
Dear Co-operators, I am thankful to the Maharashtra State Urban Co-operative Banks’ Federation for inviting me to this Seminar. The topic chosen for the Seminar is very contemporary. While I will certainly make a few points about it later, I would like to first discuss the current status of the urban co-operative banking in India, how it reached there, what recent initiatives the Reserve Bank has taken to strengthen the sector and what is the way forward. 2. The organ
श्री आर. गांधी, उप गवर्नर, भारतीय रिज़र्व बैंक
Dear Co-operators, I am thankful to the Maharashtra State Urban Co-operative Banks’ Federation for inviting me to this Seminar. The topic chosen for the Seminar is very contemporary. While I will certainly make a few points about it later, I would like to first discuss the current status of the urban co-operative banking in India, how it reached there, what recent initiatives the Reserve Bank has taken to strengthen the sector and what is the way forward. 2. The organ
06 अक्‍तूबर 2015
भारतीय बैंकिंग क्षेत्र-एक विनियामकीय परिदृश्य- एस.एस.मूंदड़ा

H.E. Shri Vijay Thakur Singh, Indian High Commissioner to Singapore; Smt. Arundhati Bhattacharya, Chairman, State Bank of India; Shri Piyush Gupta, Chief Executive Officer, DBS Group; Shri Ajay Kanwal, Regional CEO, ASEAN and South Asia, Standard Chartered; Shri Gunit Chadha, Member of Deutsche Bank Group Executive Committee, Co-CEO Asia Pacific, Deutsche Bank AG; Shri Rajiv Verma, CEO, HT Media Ltd; delegates at the Conference; ladies and gentlemen! 2. At the outset,

श्री एस.एस. मूंदड़ा, उप गवर्नर, भारतीय रिज़र्व बैंक

H.E. Shri Vijay Thakur Singh, Indian High Commissioner to Singapore; Smt. Arundhati Bhattacharya, Chairman, State Bank of India; Shri Piyush Gupta, Chief Executive Officer, DBS Group; Shri Ajay Kanwal, Regional CEO, ASEAN and South Asia, Standard Chartered; Shri Gunit Chadha, Member of Deutsche Bank Group Executive Committee, Co-CEO Asia Pacific, Deutsche Bank AG; Shri Rajiv Verma, CEO, HT Media Ltd; delegates at the Conference; ladies and gentlemen! 2. At the outset,

18 सितंबर 2015
वित्तीय क्षेत्र में कायम रखने योग्य संवृद्धि- रघुराम जी.राजन
Coimbatore Krishnarao Prahalad was born in Tamil Nadu. One of nine children, he obtained an undergraduate degree in physics from the University of Madras and went on to a diploma at IIM, Ahmedabad as a member of the first graduating batch. He followed that with a DBA from Harvard Business School in 1975. Prahalad started his academic career at the University of Michigan in 1977, and in 1990, he and Gary Hamel co-authored an article in the Harvard Business Review title
डॉ. रघुराम जी. राजन, गवर्नर, भारतीय रिज़र्व बैंक
Coimbatore Krishnarao Prahalad was born in Tamil Nadu. One of nine children, he obtained an undergraduate degree in physics from the University of Madras and went on to a diploma at IIM, Ahmedabad as a member of the first graduating batch. He followed that with a DBA from Harvard Business School in 1975. Prahalad started his academic career at the University of Michigan in 1977, and in 1990, he and Gary Hamel co-authored an article in the Harvard Business Review title
16 सितंबर 2015
भारत की संवृद्धि का वित्तपोषण- चुनौतियां और भावी दिशा- एस.एस.मूंदड़ा
Shri Yaduvendra Mathur, Chairman & Managing Director, Export Import Bank of India; Shri Sunil Srivastava, Dy Managing Director, State Bank of India; Shri Alok Shriram, President , PHD Chamber of Commerce and Industry (PHDCCI); Shri Sanjeev Gupta, Chairman, Banking Committee, PHDCCI; delegates to the Summit; members of the print and electronic media; ladies and gentlemen! I am grateful to the PHD Chamber for inviting me to deliver the keynote address on a very impo
श्री एस.एस. मूंदड़ा, उप गवर्नर, भारतीय रिज़र्व बैंक
Shri Yaduvendra Mathur, Chairman & Managing Director, Export Import Bank of India; Shri Sunil Srivastava, Dy Managing Director, State Bank of India; Shri Alok Shriram, President , PHD Chamber of Commerce and Industry (PHDCCI); Shri Sanjeev Gupta, Chairman, Banking Committee, PHDCCI; delegates to the Summit; members of the print and electronic media; ladies and gentlemen! I am grateful to the PHD Chamber for inviting me to deliver the keynote address on a very impo
15 सितंबर 2015
भारत में आस्ति पुनर्निर्माण और एनपीए प्रबंधन- आर गांधी
Ladies and Gentlemen, Very Good Morning. 2. It is indeed a pleasure to be present here and interact with you on the important issue of management of non-performing assets in India. Such events are quite important especially when there is a surge in stressed assets in banking in the recent times. Current Position 3. However, if we look a little far back, the asset quality of the Indian banking system was not like this; it had actually been improving significantly since
श्री आर. गांधी, उप गवर्नर, भारतीय रिज़र्व बैंक
Ladies and Gentlemen, Very Good Morning. 2. It is indeed a pleasure to be present here and interact with you on the important issue of management of non-performing assets in India. Such events are quite important especially when there is a surge in stressed assets in banking in the recent times. Current Position 3. However, if we look a little far back, the asset quality of the Indian banking system was not like this; it had actually been improving significantly since
09 सितंबर 2015
वित्तीय ग्राहक (जमाकर्ता) का संरक्षण – कुछ चिरकालिक प्रश्नों के बारे में चिंतन – आर.गांधी
At the outset, let me express my pleasure at being here today with you on the occasion of the M R Pai Memorial Lecture; it is my proud honour to have presented the Eleventh M R Pai Memorial award to Madam Smt K J Udeshi, former Deputy Governor, Reserve Bank and former Chairperson, Banking Codes and Standards Board of India (BCSBI). It is normal for teachers to be presenting awards and prizes to their students and wards; but it is a strange thing for a student to prese
श्री आर. गांधी, उप गवर्नर, भारतीय रिज़र्व बैंक
At the outset, let me express my pleasure at being here today with you on the occasion of the M R Pai Memorial Lecture; it is my proud honour to have presented the Eleventh M R Pai Memorial award to Madam Smt K J Udeshi, former Deputy Governor, Reserve Bank and former Chairperson, Banking Codes and Standards Board of India (BCSBI). It is normal for teachers to be presenting awards and prizes to their students and wards; but it is a strange thing for a student to prese
04 सितंबर 2015
हिंदी सामग्री शीघ्र ही अद्यतन की जाएगी।
Basel III Implementation- Challenges for Indian banking system
I am indeed privileged to be sharing the dais with stalwarts and thank ASSOCHAM for giving me this opportunity to speak on challenges in implementing Basel III in India. 2. Basel III framework was basically the response of the global banking regulators to deal with the factors, more specifically those relating to the banking system that led to the global economic crisis or the great recession. In the advanced economies, there was a huge fiscal cost for protecting the
Shri N.S. Vishwanathan, Executive Director, Reserve Bank of India
I am indeed privileged to be sharing the dais with stalwarts and thank ASSOCHAM for giving me this opportunity to speak on challenges in implementing Basel III in India. 2. Basel III framework was basically the response of the global banking regulators to deal with the factors, more specifically those relating to the banking system that led to the global economic crisis or the great recession. In the advanced economies, there was a huge fiscal cost for protecting the
25 अगस्त 2015
भारत में वित्तीय बाज़ार विनियमन – अतीत एवं भावी दृष्टि– हारून आर.खान
Mr. Jiri Rusnok, Former Prime Minister & Member of the Board of the Czech National Bank; Dr. M. Venkatachalam, Charge d’Affairs Indian Embassy, Prague; Mr. N. S. Venkatesh, Chairman FIMMDA; Mr. Pradeep Madhav, PDAI; distinguished panelists and all the delegates. It gives me great pleasure to be delivering the keynote address for the FIMMDA – PDAI Annual Conference in this culturally rich, historically vibrant, naturally blessed city of Prague which still maintains
श्री हरुण आर खान, उप गवर्नर, भारतीय रिज़र्व बैंक
Mr. Jiri Rusnok, Former Prime Minister & Member of the Board of the Czech National Bank; Dr. M. Venkatachalam, Charge d’Affairs Indian Embassy, Prague; Mr. N. S. Venkatesh, Chairman FIMMDA; Mr. Pradeep Madhav, PDAI; distinguished panelists and all the delegates. It gives me great pleasure to be delivering the keynote address for the FIMMDA – PDAI Annual Conference in this culturally rich, historically vibrant, naturally blessed city of Prague which still maintains
25 अगस्त 2015
परिवर्तनकारी नवोन्मेश और समावेशी वृद्दि: कुछ यादृच्छिक विचार – आर. गांधी
Friends, Disruptive Innovation 2. By this time, I am sure, you all have heard any number of times through these two days what a disruptive innovation is. Let me make you hear that one more time that it is an innovation that helps create a new market and value network and eventually disrupts an existing market and value network over a few years, displacing an earlier technology. 3. The theory of disruptive innovation was invented by Clayton Christensen, of Harvard Busi
श्री आर. गांधी, उप गवर्नर, भारतीय रिज़र्व बैंक
Friends, Disruptive Innovation 2. By this time, I am sure, you all have heard any number of times through these two days what a disruptive innovation is. Let me make you hear that one more time that it is an innovation that helps create a new market and value network and eventually disrupts an existing market and value network over a few years, displacing an earlier technology. 3. The theory of disruptive innovation was invented by Clayton Christensen, of Harvard Busi
24 अगस्त 2015
भारतीय अर्थव्यवस्था - सुदृढ़, कायम रखने योग्य विकास – रघुराम जी.राजन
We live in an increasingly uncertain world. Seven years after the financial crisis, advanced economies are still growing slowly, while a number of emerging economies are experiencing difficulty as the old export-led growth model flounders. In this environment, there is both challenge and opportunity. Challenge because the world will not provide the strong and supportive growth environment we had in the last decade, opportunity because global capital is looking for inv
डॉ. रघुराम जी. राजन, गवर्नर, भारतीय रिज़र्व बैंक
We live in an increasingly uncertain world. Seven years after the financial crisis, advanced economies are still growing slowly, while a number of emerging economies are experiencing difficulty as the old export-led growth model flounders. In this environment, there is both challenge and opportunity. Challenge because the world will not provide the strong and supportive growth environment we had in the last decade, opportunity because global capital is looking for inv
12 अगस्त 2015
आधारभूत संरचना के लिए वित्तीयन : वर्तमान मुद्दे एवं उभरती चुनौतियां – हारून आर. खान
Smt. Arundhati Bhattacharya, Chairman, State Bank of India Group, Shri V G Kannan, Managing Director, State Bank of India, Shri Praveen Gupta, MD & CEO SBICAP, Shri Abhay Chaudhari, President & COO, SBICAP, Shri Supratim Sarkar, Executive Vice President, SBICAP, esteemed guest speakers, colleagues and friends from SBI & SBICAP and participants. It gives me immense pleasure to deliver the keynote address in this wonderful setting where the annual conclave o
श्री हरुण आर खान, उप गवर्नर, भारतीय रिज़र्व बैंक
Smt. Arundhati Bhattacharya, Chairman, State Bank of India Group, Shri V G Kannan, Managing Director, State Bank of India, Shri Praveen Gupta, MD & CEO SBICAP, Shri Abhay Chaudhari, President & COO, SBICAP, Shri Supratim Sarkar, Executive Vice President, SBICAP, esteemed guest speakers, colleagues and friends from SBI & SBICAP and participants. It gives me immense pleasure to deliver the keynote address in this wonderful setting where the annual conclave o
10 अगस्त 2015
सुदृढ़ वित्तीय सेवा क्षेत्र: विकास कायम रखने की अनिवार्यताएं : एस.एस. मूंदड़ा
Good Morning to you all! I am pleased to be here this morning to speak to the delegates of this International Conference and I thank ICAI for providing me this opportunity. As you all know, the theme of this morning’s session is “Financial Services Sector- Agenda for Sustainable Growth” and as somebody who has spent his entire professional life in the banking sector - first as a commercial banker and now as a Central banker, I would speak with a particular emphasis on
श्री एस.एस. मूंदड़ा, उप गवर्नर, भारतीय रिज़र्व बैंक
Good Morning to you all! I am pleased to be here this morning to speak to the delegates of this International Conference and I thank ICAI for providing me this opportunity. As you all know, the theme of this morning’s session is “Financial Services Sector- Agenda for Sustainable Growth” and as somebody who has spent his entire professional life in the banking sector - first as a commercial banker and now as a Central banker, I would speak with a particular emphasis on
03 अगस्त 2015
आईटी अभिशासन और आईटी कार्यनीति: बोर्ड के नजरिये से: हारून आर खान
Dr. A. Ramasastri, Director, Institute for Development and Research in Banking Technology (IDRBT), Prof. Sivakumaran, co-ordinator of the programme, participating Directors from banks, faculty of IDRBT, ladies and gentlemen. I am glad to be in the midst of this distinguished gathering to take part in the valedictory session on the programme on 'IT Governance for Directors of Banks'. I thank IDRBT for arranging this topical seminar, which I believe, will greatly contri
श्री हरुण आर खान, उप गवर्नर, भारतीय रिज़र्व बैंक
Dr. A. Ramasastri, Director, Institute for Development and Research in Banking Technology (IDRBT), Prof. Sivakumaran, co-ordinator of the programme, participating Directors from banks, faculty of IDRBT, ladies and gentlemen. I am glad to be in the midst of this distinguished gathering to take part in the valedictory session on the programme on 'IT Governance for Directors of Banks'. I thank IDRBT for arranging this topical seminar, which I believe, will greatly contri

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