Emerging markets

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: BaselBasel IIIDuvvuri SubbaraoEmerging marketsIndiaLate-2000s financial crisisMumbaiReserve 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: BRICDeveloping countryDevelopment BankEmerging marketsFinance MinisterIndiaSustainable developmentWorld 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 controlCyprusEmerging marketsIMFIndiaInternational Monetary FundQuantitative easing

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