RBI Gov – “The Global Financial Crisis and the Indian Financial Sector “
The Global Financial Crisis and the Indian Financial Sector What Have We Learnt and How Have We Responded? (Address by Dr. Duvvuri Subbarao, Governor, Reserve Bank of India at the 7th International Banking & Finance Conference 2013 organized by the Indian Merchants™ Chamber at Mumbai on June 5, 2013) Thank you very much for inviting… Read More
Tags: Basel, Basel III, Duvvuri Subbarao, Emerging markets, India, Late-2000s financial crisis, Mumbai, Reserve Bank of India
Proposal for setting up of new Development Bank for BRICS Countries
The BRICS - Brazil, Russia, India, China and South Africa. There is a proposal for setting up of a new Development Bank for mobilizing resources for infrastructure and sustainable development projects in BRICS and other emerging economies and developing countries. In March 2012, BRICS Leaders directed their Finance Ministers to consider the possibility of setting… Read More
Tags: BRIC, Developing country, Development Bank, Emerging markets, Finance Minister, India, Sustainable development, World Bank
Seminar on Strengthening IMF Surveillance
Talking Points of Dr. Duvvuri Subbarao, Governor, Reserve Bank of India at Seminar on Strengthening IMF Surveillance IMF Spring Meetings, Washington DC, on April 16, 2013 Question 1: Over the next three to five years, what do you see as the critical issues for IMF Surveillance? Response There are several critical issues for IMF Surveillance… Read More
Tags: Capital account, Capital control, Cyprus, Emerging markets, IMF, India, International Monetary Fund, Quantitative easing
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