Tag «Monetary Policy»

Monetary Policy Normalization and Global Financial Stability

2015 Bank of Korea International Conference Mitsuhiro Furusawa, IMF Deputy Managing Director June 8, 2015 As Prepared for Delivery Good morning. It is my great pleasure to join you today at the 2015 Bank of Korea International Conference. I would like to thank Governor Lee for his kind introduction and the Bank of Korea for …

MCCI on Second Quarter Review of Monetary Policy 2013-14

Commenting on the Second Quarter Review of Monetary Policy 2013-14 announced by RBI, Shri Sanjay Agarwal, President MCCI has expressed his disappointment on the further increase in Repo Rate by 25 basis point. He feels that when industry is facing credit crunch and the banks are equally facing the liquidity problem, reduction in marginal standing …

P. Chidambaram’s Speech at ICSI Seminar on Indian Financial Code

The Union Finance Minister P. Chidambaram has said that multiplicity of Institutions and multiplicity of Regulators which have come up from time to time to meet newly perceived requirements, has  potentially created regulatory overlaps, gaps and ambiguity on account of lack of role clarity.  This creates inefficiencies in addressing critical emerging issues in a increasingly dynamic, complex and interconnected financial world. …