Featured News

RBI Governor for financial reforms

RBI Governor for financial reforms

a roadmap for greater financial reforms

DV Subba Rao, Governor, Reserve Bank of India, is preparing a roadmap to a vibrant corporate bond market and making Mumbai a global financial hub, as part of greater financial reforms.

While Subba Rao did not spell out the exact nature of reforms he is contemplating, he said he is not short on advice on the way forward on financial sector reforms. He listed reports like R H Patil Committee on Corporate Bond Markets, Percy Mistry Committee on Making Mumbai as an International Financial Centre and the forthcoming Raghuram Rajan Committee on Financial Sector Reforms, adding the RBI would draw a roadmap based on the advice given in these reports.

Comments are closed.