D Subbarao


'D Subbarao' - 164 News Result(s)

'D Subbarao' - 95 Video Result(s)

'D Subbarao' - 164 News Result(s)

  • Note Ban Most Disruptive Policy Innovation Since 1991: Former RBI Chief

    Note Ban Most Disruptive Policy Innovation Since 1991: Former RBI Chief

    Demonetisation is "arguably" leading to a flurry of innovations in Indian financial sector by way of digitisation of payments, Mr Subbarao said.

  • Delegalising Notes Will have Positive Implications: D Subbarao

    Delegalising Notes Will have Positive Implications: D Subbarao

    "The cleansing of the system" will be positive for bothsavings and investment, " Said the former Governor of RBI

  • Unfair To Put Moral Code Of Conduct On RBI Chief: Subbarao

    Unfair To Put Moral Code Of Conduct On RBI Chief: Subbarao

    Former RBI governor D Subbarao spoke out against the idea of having a 'moral code of conduct' for the central bank head, strongly defending the right of public intellectuals like his successor Raghuram Rajan to use the gravitas of the office for public good.

  • I Had Felt FCNR Deposits To Be An Idiotic Idea: Raghuram Rajan

    I Had Felt FCNR Deposits To Be An Idiotic Idea: Raghuram Rajan

    Reserve Bank Governor Raghuram Rajan disclosed that idea of raising diaspora deposits, which changed the downward course of the rupee when he took over in September 2013, had come from bankers and he was very sceptical about it given the cost to the exchequer.

  • RBI Faced Pressures From Government For Cutting Rates: D Subbarao

    RBI Faced Pressures From Government For Cutting Rates: D Subbarao

    D Subbarao, who was governor of the Reserve Bank of India during the UPA regime, on Thursday said there was pressure from the government to cut lending rates but he did not succumb to it.

  • 'Differences Between RBI, Government Contribute To Improve Policies'

    'Differences Between RBI, Government Contribute To Improve Policies'

    Former Reserve Bank Governor D Subbarao has said differences between the central bank and the government are not bad in themselves but contribute to improving public policies.

  • Former RBI Governor Subbarao Admits To 'Inaction' For NPA Mess

    Former RBI Governor Subbarao Admits To 'Inaction' For NPA Mess

    Admitting that the "action or inaction" of RBI during his tenure could have been among reasons for the present bad loan crisis, former governor D Subbarao said he should have addressed those issues.

  • New Panel On Interest Rate No Threat To RBI Autonomy: D Subbarao

    New Panel On Interest Rate No Threat To RBI Autonomy: D Subbarao

    The new interest rate setting Monetary Policy Committee (MPC) could enhance the autonomy of the Reserve Bank and will put greater discipline on both the central bank and the government to meet their targets, former RBI Governor D Subbarao has said.

  • It Was Baptism By Fire: Subbarao On Early Months As RBI Governor

    It Was Baptism By Fire: Subbarao On Early Months As RBI Governor

    "It was baptism by fire," Duvvuri Subbarao said as he recounted his early months as governor of the Reserve Bank of India in 2008, a time when Lehman Brothers collapsed and pushed the global financial sector into a "near death" experience.

  • Raghuram Rajan Says No Plans To Write Tell-All Book

    Raghuram Rajan Says No Plans To Write Tell-All Book

    Outgoing Reserve Bank of India Governor Raghuram Rajan, known for his outspoken ways, has no "immediate plans" to write a tell-all book on his experience as head of the central bank, unlike his predecessor D Subbarao whose quite revealing memoir has just come out.

  • Raghuram Rajan's Formidable Reputation Helped Stabilise Rupee: Subbarao

    Raghuram Rajan's Formidable Reputation Helped Stabilise Rupee: Subbarao

    Former Reserve Bank Governor Duvvuri Subbarao has credited his successor Raghuram Rajan's "formidable reputation" for bringing sanity to the forex market when the rupee had lost nearly 25 per cent amid 'taper tantrums' in the summer of 2013.

  • Chidambaram, Pranab Put Pressure Over Interest Rates, Claims Ex-RBI Chief Subbarao

    Chidambaram, Pranab Put Pressure Over Interest Rates, Claims Ex-RBI Chief Subbarao

    Former RBI governor Duvvuri Subbarao has alleged that ex-finance ministers P Chidambaram and Pranab Mukherjee interfered in the functioning of the central bank.

  • Inflation Hits Poor The Most, RBI Must Listen To Them, Says D Subbarao

    Inflation Hits Poor The Most, RBI Must Listen To Them, Says D Subbarao

    Reserve Bank of India has to listen to voices of the poor who are hurt the most by inflation, its former Governor Duvvuri Subbarao said adding that cutting interest rates is not necessarily the solution to stimulate investment.

  • RBI Has Insufficient Mechanisms To Render Accountability: D Subbarao

    RBI Has Insufficient Mechanisms To Render Accountability: D Subbarao

    He said there are procedures in RBI for rendering accountability, noting that Parliament's Standing Committees can summon the Governor for evidence on specific issues, and RBI itself holding seminars in different institutions toexplain its policies.

  • Shame many don't have bank accounts, KYC norms need a relook: RBI chief

    Shame many don't have bank accounts, KYC norms need a relook: RBI chief

    Reserve Bank of India (RBI) Governor Raghuram Rajan has said it is shameful that so many people in the country do not have access to banking and emphasised the need to make KYC norms less bureaucratic.

  • Rupee defence may see 'dramatic re-orientation' under Rajan: report

    Rupee defence may see 'dramatic re-orientation' under Rajan: report

    The Indian rupee crashed to a record low of 68.85 per US dollar last week and is the worst performing Asian currency. The RBI's attempts to tighten liquidty and the government's "quick fix" solutions such as banning duty free import of flat TV sets have failed to prevent a dramatic slide in the rupee so far.

  • Subbarao's 5-year stormy tenure at RBI ends this week

    Subbarao's 5-year stormy tenure at RBI ends this week

    Under Subbarao's leadership, the RBI raised policy rates 13 times between March, 2010 and October, 2011, testing the government's patience. RBI's tough stance brought down wholesale inflation from double digits in 2010-11 to around 5 per cent now and core inflation declined to around 2 per cent.

  • How a communication gap made the rupee crisis worse

    How a communication gap made the rupee crisis worse

    The rupee has fallen 10 per cent since July 15, when the Reserve Banks announced its first major plan to defend the currency. These steps to tighten liquidity sent overnight interest rates higher. But even as analysts were discussing the efficacy of these measures, RBI Governor D Subbarao said the RBI may withdraw these cash tightening steps in a c...

  • Raghuram Rajan is the next RBI Governor

    Raghuram Rajan is the next RBI Governor

    Chief Economic Advisor Raghuram Rajan will be the next Reserve Bank of India (RBI) Governor after incumbent D Subbarao retires in September.

  • No rollback timeframe for liquidity steps: RBI chief

    No rollback timeframe for liquidity steps: RBI chief

    Reserve Bank of India Governor D Subbarao has said that liquidity tightening steps were not a panic reaction and he to refused set a timeline to reverse them, justifying the measures to tame the rupee and keep policy rates unchanged.

  • No need for IMF loan, India's economy fairly resilient: RBI chief

    No need for IMF loan, India's economy fairly resilient: RBI chief

    Reserve Bank of India Governor D Subbarao said on Tuesday that India's current economic situation does not warrant any move to seek loans from the International Monetary Fund (IMF).

  • Why RBI's decision to hold rates is good news for EMIs

    Why RBI's decision to hold rates is good news for EMIs

    Though the Reserve Bank of India held on to interest rates in the first quarter policy review on Tuesday, there were concerns that the countrys top lenders will hike lending rates following the string of measures taken by the central bank in the last fortnight to bring down the liquidity and support the Indian rupee.

  • Take urgent steps to contain current account deficit or risk further rupee fall: RBI

    Take urgent steps to contain current account deficit or risk further rupee fall: RBI

    The large CAD, well above the sustainable level of 2.5 per cent of GDP for three years in a row, is a formidable structural risk factor, the RBI said in the review.

  • Weak rupee to adversely hit fuel prices in coming months: RBI

    Weak rupee to adversely hit fuel prices in coming months: RBI

    The stronger than expected monsoon has not yet softened food inflation as much as it should have and in particular, vegetable prices have been impacted by weather-driven supply disruptions, said RBI Governor D Subbarao while unveiling the first quarter monetary policy review.

  • Cobrapost allegations: Action against some more banks on the anvil, says RBI chief

    Cobrapost allegations: Action against some more banks on the anvil, says RBI chief

    The Reserve Bank of India (RBI) said on Thursday that it will take action against some more banks for alleged violation of regulatory norms following an expose by a news portal.

  • RBI concerned over high current account deficit

    RBI concerned over high current account deficit

    Voicing concern over high current account deficit (CAD), Reserve Bank Governor D Subbarao today said steps should be taken to reduce it to sustainable levels.

  • Subbarao seconds Chidambaram, asks banks to cut lending rates

    Subbarao seconds Chidambaram, asks banks to cut lending rates

    Endorsing Finance Minister P Chidambaram's call to banks to pass on the benefit of rate cuts to customers, RBI Governor D Subbarao on Thursday said the central bank is also "very conscious" of the need to be supportive of economic growth.

  • RBI to come out with paper on banking structure: Duvvuri Subbarao

    RBI to come out with paper on banking structure: Duvvuri Subbarao

    The Reserve Bank of India (RBI) will come out with a paper on the banking structure in the country discussing issues like consolidation even as it prepares to issue new bank licences after a decade.

  • RBI to intervene in forex market only to curb volatility: Duvvuri Subbarao

    RBI to intervene in forex market only to curb volatility: Duvvuri Subbarao

    Amid the rupee sinking below the 57 mark against US dollar, the Reserve Bank of India said it is not targeting any exchange rate but will intervene in the forex markets only to curb volatility and prevent disruption of macroeconomic stability.

  • Sensex plunges 460 points as rate cut hopes dim

    Sensex plunges 460 points as rate cut hopes dim

    The Sensex and Nifty came under tremendous selling pressure on Friday, while the rupee hit an 11-month low. Reserve Bank of India (RBI) governor D Subbarao on Thursday said inflation was still high and current account gap remained a concern for the Indian economy.

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