D Subbarao

Bad Bank Not Only Necessary But Unavoidable: Former RBI Governor D Subbarao

Business | Press Trust of India | Wednesday August 26, 2020

Much of the resolution will have to take place outside the Insolvency and Bankruptcy Code framework, former Reserve Bank of India Governor D Subbarao said.

Coronavirus Financial Stimulus "Not Sufficient", Fiscal Deficit May Go Up To 14%, Says Ex-RBI Governor

Business | Press Trust of India | Sunday May 10, 2020

The former RBI governor said that livelihood support has to be extended to many more families as most of their savings have dried up

Urjit Patel Resigns: 10 Things To Know About The RBI-Government Conflict

India News | Edited by Jimmy Jacob | Monday December 10, 2018

Reserve Bank of India (RBI) Governor Urjit Patel stepped down from his position today, months after a conflict between the central bank and the Narendra Modi government stormed into the open. The opposition parties were quick to blame the government for his decision, with the Congress declaring it as the "result of our chowkidar's assault on democr...

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

Business | Press Trust of India | Thursday January 5, 2017

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

Business | Press Trust of India | Tuesday December 6, 2016

"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

Business | Press Trust of India | Saturday August 13, 2016

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

Business | Press Trust of India | Friday August 12, 2016

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

Business | Press Trust of India | Friday August 12, 2016

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'

Business | Press Trust of India | Monday August 8, 2016

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

Business | Press Trust of India | Friday August 5, 2016

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

Business | Press Trust of India | Tuesday July 26, 2016

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

Business | Press Trust of India | Wednesday July 20, 2016

"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

Business | Press Trust of India | Sunday July 17, 2016

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

Business | Press Trust of India | Friday July 15, 2016

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

Business | Press Trust of India | Friday July 15, 2016

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