Duvvuri Subbarao
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"Underscores Congress' Penchant For Deceit": Smriti Irani On Ex RBI Governor's Book
Union Minister Smriti Irani on Tuesday attacked the Congress over former RBI Governor Duvvuri Subbarao's claim that the finance ministry under Pranab Mukherjee and P Chidambaram used to pressure the RBI.
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Pressure Was Put On RBI To Paint Rosier Picture Of Growth, Claims Ex Governor
The finance ministry under Pranab Mukherjee and P Chidambaram used to pressurise the RBI to soften interest rates and present a rosier picture of growth to shore up sentiments, recalled former RBI Governor Duvvuri Subbarao in his memoir.
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Prime Minister Modi Says Cryptocurrency Should Be Used to Boost Democracy, Not Harm It
PM Modi during a virtual summit hosted by US President Joe Biden said that they are used “empower democracy, not to undermine it”.
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Ex-RBI Governor Says Crypto Could Snatch Central Bank’s Control on Money Supply, Inflation Management
Former RBI governor Duvvuri Subbarao has expressed his views regarding the crypto space in India. Threat to the central bank's jurisdiction on money management as well the lack of a data protection bill are among his top concerns against the legalisation of cryptocurrencies.
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Former RBI Chief Subbarao Says Note Ban Will Bring Down Inflation
But Mr Subbarao also stressed the importance of following up with tougher measures on currency management and not to allow the built up of "black money" again.
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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.
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Duvvuri Subbarao Questions Inflation-Targeting, Doubts Its Efficacy
Former Reserve Bank governor Duvvuri Subbarao has doubted achieving the 4 per cent inflation target set under the new MPC set-up given the narrow margin the new price index has now and the way prices have been moving up in recent months.
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India Needs To Be Careful With Inflation Targeting, Says Duvvuri Subbarao
India should avoid fixating on an inflation target given the need to ensure economic growth and financial stability, former central bank governor Duvvuri Subbarao warned on Tuesday.
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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.
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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.
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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.
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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 Switches to Online Bond Platform to Manage Cash Conditions: Report
The Reserve Bank of India (RBI) has quietly switched to using an electronic bond trading platform to manage cash levels in the debt market, hoping a more discreet approach will have less impact on bond yields, two officials familiar with the trades told Reuters.
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The history of changes to reverse repo rate, CRR, SLR
Reserve Bank of India Governor Raghuram Rajan surprised markets in his maiden policy review on Friday by raising interest rates to ward off rising inflation, while scaling back some emergency measures recently taken to support the ailing rupee.
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Rupee, Sensex rally; Raghuram Rajan fuels confidence but faces some sceptics
The rupee rallied and shares surged on Thursday after the Reserve Bank of India (RBI) chief unveiled measures to support the ailing currency, providing a shot of confidence for investors unnerved by the country's worst economic crisis in two decades.
-
"Underscores Congress' Penchant For Deceit": Smriti Irani On Ex RBI Governor's Book
Union Minister Smriti Irani on Tuesday attacked the Congress over former RBI Governor Duvvuri Subbarao's claim that the finance ministry under Pranab Mukherjee and P Chidambaram used to pressure the RBI.
-
Pressure Was Put On RBI To Paint Rosier Picture Of Growth, Claims Ex Governor
The finance ministry under Pranab Mukherjee and P Chidambaram used to pressurise the RBI to soften interest rates and present a rosier picture of growth to shore up sentiments, recalled former RBI Governor Duvvuri Subbarao in his memoir.
-
Prime Minister Modi Says Cryptocurrency Should Be Used to Boost Democracy, Not Harm It
PM Modi during a virtual summit hosted by US President Joe Biden said that they are used “empower democracy, not to undermine it”.
-
Ex-RBI Governor Says Crypto Could Snatch Central Bank’s Control on Money Supply, Inflation Management
Former RBI governor Duvvuri Subbarao has expressed his views regarding the crypto space in India. Threat to the central bank's jurisdiction on money management as well the lack of a data protection bill are among his top concerns against the legalisation of cryptocurrencies.
-
Former RBI Chief Subbarao Says Note Ban Will Bring Down Inflation
But Mr Subbarao also stressed the importance of following up with tougher measures on currency management and not to allow the built up of "black money" again.
-
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.
-
Duvvuri Subbarao Questions Inflation-Targeting, Doubts Its Efficacy
Former Reserve Bank governor Duvvuri Subbarao has doubted achieving the 4 per cent inflation target set under the new MPC set-up given the narrow margin the new price index has now and the way prices have been moving up in recent months.
-
India Needs To Be Careful With Inflation Targeting, Says Duvvuri Subbarao
India should avoid fixating on an inflation target given the need to ensure economic growth and financial stability, former central bank governor Duvvuri Subbarao warned on Tuesday.
-
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'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
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
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 Switches to Online Bond Platform to Manage Cash Conditions: Report
The Reserve Bank of India (RBI) has quietly switched to using an electronic bond trading platform to manage cash levels in the debt market, hoping a more discreet approach will have less impact on bond yields, two officials familiar with the trades told Reuters.
-
The history of changes to reverse repo rate, CRR, SLR
Reserve Bank of India Governor Raghuram Rajan surprised markets in his maiden policy review on Friday by raising interest rates to ward off rising inflation, while scaling back some emergency measures recently taken to support the ailing rupee.
-
Rupee, Sensex rally; Raghuram Rajan fuels confidence but faces some sceptics
The rupee rallied and shares surged on Thursday after the Reserve Bank of India (RBI) chief unveiled measures to support the ailing currency, providing a shot of confidence for investors unnerved by the country's worst economic crisis in two decades.
