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D Subbarao News

06 Dec 2016

Delegalising notes will have positive implications: Subbarao

The Indian government's decision to delegalise high denomination currency notes may hurt growth in short-term, but in the medium- to long-term it will have positive macroeconomic implications, former RBI Governor D Subbarao has said.

25 Jul 2016

Rahguram Rajan's continuance would have benefited India: Subbarao

Expressing surprise at RBI Governor Raghuram Rajan's decision to leave RBI and not seek an extension, former governor D Subbarao Monday said Rajan's continuance would have "immensely benefited" macroeconomic management of the country.

17 Jul 2016

Outgoing RBI Governor Raghuram Rajan says no plans to write tell-all book

Outgoing RBI Governor Raghuram Rajan, known for his outspoken ways, has no "immediate plans" to write a tell-all book on his experience as the central bank head, unlike his predecessor D Subbarao whose quite revealing memoir has just come out.

15 Jul 2016

Chidambaram, Pranab put pressure over interest rates: Ex-RBI Chief

In scathing comments on his bosses in North Block, former RBI governor Duvvuri Subbarao has alleged that ex-finance ministers P Chidambaram and Pranab Mukherjee interfered in the functioning of the central bank, especially on setting interest rates, and the differences even led to two of his deputies not getting extensions.

06 Feb 2015

Ex-RBI Guv Subbarao against loan waiver schemes

Former Reserve Bank Governor D Subbarao today said that he is not in favour of farm loan waiver schemes being implemented by the governments of Andhra Pradesh and Telangana.

Jan Dhan initiative

06 Feb 2015

Expand Jan Dhan beyond bank accounts, says ex-RBI Guv Subbarao

Lauding the government's Jan Dhan initiative, former RBI Governor D Subbarao today said this financial inclusion programme should be expanded to also ensure remittance and credit facilities for the poor.

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