Past Events

Financial Sector Reforms in India: Building the foundation of resurgent India

The India Club supported by the Forum of India based banks in Singapore is delighted to present a lecture on :

Financial Sector Reforms in India: Building the foundation of resurgent India

By Dr. Rakesh Mohan, Deputy Governor of the Reserve Bank of India.

From the vantage point of his cockpit at the apex of India’s financial system, Dr. Mohan will talk about India’s Financial-sector reforms over the past decade, and look forward to the possible era of capital account convertibility. He will place India’s currently-robust financial sector in a regional and comparative perspective, and describe his vision of its role in facilitating India’s economic advance and the challenges of developing India into a significant financial centre.

Date: Saturday, 11th November 2006

Time: 12:30 pm - 3:00 pm

Venue: Grand Plaza Parkroyal

10 Coleman Street, Next to Pennisular Plaza and City Hall

In July 2005, Dr. Rakesh Mohan became Deputy Governor of the Reserve Bank of India for the second time, this time for a term of five years. He oversees the RBI’s Monetary Policy Department, Department of Statistical Analysis and Computer Services, Department of Economic Analysis and Policy, Secretary’s Department, Financial Market Department and also Co-ordination work. His earlier appointment (for 3 years) in September 2002 was interrupted in October 2004, when he was called away to serve as India’s Finance Secretary (Economic Affairs). He had also been Adviser to the Finance Minister and Chief Economic Adviser between January 4, 2001 and May 15, 2002.

As the chair of the GoI’s expert group on Infrastructure (1994-96), Dr. Mohan was the principal author of the famous “India Infrastructure Report", which has guided reform in the area. His work as chair of the Expert Group on the Railways (1999-2001) is now bearing fruit in the form of the revival of India’s railways, and as co-chair of the Joint Study Group on economic cooperation between India and Singapore (2002-03), he and Heng Swee-keat (current MD of the MAS) were the joint-creators of the India-Singapore CECA.

Born on January 14, 1948, Dr. Rakesh Mohan received his Masters and Ph.D. in Economics from Princeton University, and BA in Economics from Yale University. He is also a Bachelor of Science in Electrical Engineering from Imperial College, London, and an IIT alumnus.

Dr. Rakesh Mohan has researched extensively in the areas of economic reforms and liberalisation, industrial economics, urban economics, infrastructure studies and economic regulation. monetary policy and the financial sector. He is the author of three books, co-author of one on Indian economic policy reforms and of numerous articles. He was undoubtedly one of the key architects of the economic reforms India has undertaken since 1991.

To register for this lecture: Please fax in your registration on the attached registration forms:

Fees for Lecture: Free for India club members

Non members: $50/ per person

The program will include lunch with the Deputy Governor

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