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Wrong Duvvuri Subbarao?

Duvvuri Subbarao

Governor

RBI

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I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Community Edition at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

RBI

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Background Information

Affiliations

National University of Singapore Business School

Visiting Fellow


Massachusetts Institute of Technology

Humphrey Fellow


Youth Affairs

Secretary for the Treatment


MIT

Humphrey Fellow


Government of India

Secretary Finance


Andhra Pradesh

Finance Secretary of Government


Economic Affairs

Joint Secretary In the Department


Singapore B-school

Visiting Fellow


Union Ministry of Finance

Finance Secretary


Garavi Gujarat Publications Ltd

Finance Secretary


Education

public finance

MIT


public finance

Massachusetts Institute of Technology


B.Sc

Physics

IIT


BSc

Physics

Indian Institute of Technology


M. Sc.

Physics

Indian Institute of Technology Kanpur


M.Sc

Physics

IIT


M.Sc

Physics

Indian Institute of Technology


MS

Economics

Graduate School at Ohio State University


MS

Economics

Ohio State University


MS degree

Economics

America's Ohio State University


PhD

Economics

Andhra University


Web References(196 Total References)


Strengthening Boards Is A Must For Good Governance In Banks/FIs | New Business Age - monthly business magazine in English published from Nepal

www.newbusinessage.com [cached]

In the context of corporate governance, it would be interesting to note that while reviewing the policy of granting fresh licenses to corporations, the RBI Governor Dr D Subbarao raised concerns of “possible self-dealing� by promoter groups in private banks.
He also cautioned the banks’ boards regarding excessive risk taking. In April 2011, the RBI levied a penalty on 19 banks including India’s largest bank â€" State Bank of India for violations on the sale of derivatives. It also imposed a fine of Rs 25 lakhs on Citibank for frauds relating to portfolio management by one of its managers. Sending a strong message to the banks’ boards, the RBI governor said the boards and senior management of the banks would require to be more sensitive to the interests of the depositors and careful of the “potentially destructive consequences of risk taking, be alert to the warning signals and be wise enough to contain exuberance.â€� Dr Subbarao further said “the short point is this: if the directors on the boards of the banks did not know what was going on, they should ask themselves if they were fit enough to be directors.


Whos who in India - Flame Institute-PCS Coaching |Patwari| Bank PO, SSC-CGL, IAS PCS Coaching, MBA Coaching,

flameinstitute.com [cached]

• Mr. Duvvuri Subbarao : Governor, RBI.


India | KVPPVRAO

kuppurao.com [cached]

Even if the administrative machinery is up to date with market trends, which it is not, these numbers are fudged by governments to present a certain view of how their countrymen are faring, either to satisfy the electorate, or to enhance the country's image in the world stage.
4 theater in India is a non-starter ;) Even the median US per capita income, in numerical terms, is far less than the median Indian per capita income (People still rave 6-figure salaries in US, whereas an upper middle class family in India is easily in their 8-figure salaries) Even Duvvuri Subbarao, the outgoing RBI governor, did a fairly decent job considering the dynamics of the world he was operating in. Even if you are NOT ideologically inclined, this plan doesn't make sense. Here's why? The economist POV This program costs ?1.3 trillion for 48 billion kgs of rice (800 million people X 5 kg per month X 12 months in a year). The per-kg cost comes to about ?27. Even assuming the distribution overheads are negligible (which they are not), after the co-pay of about ?3, the government cost comes to around ?24 - assuming the same farmers can sell it in free-market for ?34, the GDP is effectively hit to the tune of ?10/kg or ?480 billion or 0.5% of GDP.


kuppurao.com

Even Duvvuri Subbarao, the outgoing RBI governor, did a fairly decent job considering the dynamics of the world he was operating in.
Even if you are NOT ideologically inclined, this plan doesn't make sense. Here's why? The economist POV This program costs ?1.3 trillion for 48 billion kgs of rice (800 million people X 5 kg per month X 12 months in a year). The per-kg cost comes to about ?27. Even assuming the distribution overheads are negligible (which they are not), after the co-pay of about ?3, the government cost comes to around ?24 - assuming the same farmers can sell it in free-market for ?34, the GDP is effectively hit to the tune of ?10/kg or ?480 billion or 0.5% of GDP.


Culture | KVPPVRAO

kuppurao.com [cached]

Even Duvvuri Subbarao, the outgoing RBI governor, did a fairly decent job considering the dynamics of the world he was operating in.
Even in developed countries, women inequality continues to be an issue.


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