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\"\"CHENNAI: Rise of digital transactions<\/a> during the demonetization exercise was a blip on the radar, said former RBI<\/a> governor Raghuram Rajan<\/a>.
\n
When asked about costs of demonetisation<\/a>, Rajan said, “Post-demonetisation, electronic transaction volumes reverted back to earlier pre-demonetisation trends. I didn't see any permanent upliftment arising as a result of the exercise,“ he said, while launching his book “I do what I do“ in the city on Tuesday.
\n
\nThe former RBI governor also said that some of his comments about the Indian economy were taken out of context. “When I said the Indian economy is a case of `the one-eyed man being king in the land of the blind'..I didn't end it there. I also said the Indian economy has a lot of strengths.
\n
\nI don't follow social media, but I believe here was a huge furore over my comments. But every quarter after that comment our growth has been slowing. I'm not claiming to be prophetic,“ said Rajan.
\n
\n“It is just in our nature to be conservative; to under promise and over-achieve. It is this approach, which will give more confidence to the markets and investors.“
\n
When asked about State Bank of India<\/a> merger with associate banks and other possible mergers in future among the PSUs, Rajan said, “I would advocate mergers, when the two entities are in good financial health. When both banks are under stress, they need to focus more on cleaning up their balance sheets. A merger at this stage is not really conducive.“
\n
On demonetisation, Rajan said he had to break his silence.“I had to clarify as there were committees which gave responses to Parliament<\/a> and that did not accord with my recollection of the events and communications. I felt I owed it to Parliament to share my knowledge of the situation.“
\n
\nOn US-North Korea crisis, “In a world of strong men; or at least men who like to appear strong -I worry that room for adjustment is limited. I don't think anyone is comfortable with the chief protagonists in this situation. But, the US democratic set-up is vast and I'd like to believe has sufficient checks and balances in place.“
\n
\nThe FCNR deposits scheme he introduced in 2013, “was a calculated risk, which paid off.“
\n
\nOn emerging currencies, Rajan said, “The concept of a distributed ledger is interesting. Many banks have started making use of such a system for financial transactions. It remains to be seen how they bring in wider adoption. As to bitcoins or the crypto-currency, there is no underlying asset justifying the valuations -it seems to be a frenzy of bidding up.“
\n
\n<\/body>","next_sibling":[{"msid":60388624,"title":"HCL acquires UK-based data management platform Datawave","entity_type":"ARTICLE","link":"\/news\/hcl-acquires-uk-based-data-management-platform-datawave\/60388624","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":60388822,"entity_type":"ARTICLE","title":"Rise of digital transactions a blip: Rajan","synopsis":"Rise of digital transactions during the demonetization exercise was a blip on the radar, said former RBI governor Raghuram Rajan.","titleseo":"telecomnews\/rise-of-digital-transactions-a-blip-rajan","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"TNN","artdate":"2017-09-06 12:44:10","lastupd":"2017-09-06 12:53:49","breadcrumbTags":["raghuram rajan","rbi","digital transactions","policy","PSU","demonetisation","parliament","state bank of india"],"secinfo":{"seolocation":"telecomnews\/rise-of-digital-transactions-a-blip-rajan"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2017-09-06" data-index="article_1">

上升的数字交易昙花一现:Rajan

上升的数字交易期间禁止流通只是雷达上的是一个锻炼,前央行行长Raghuram Rajan说。

  • 更新2017年9月6日12:53点坚持
钦奈:崛起数字交易在禁止流通只是雷达上的是一个锻炼,前说印度储备银行州长Raghuram Rajan。

当被问及成本demonetisationRajan说,“Post-demonetisation、电子交易量pre-demonetisation早些时候回归到趋势。我没有看到任何永久提升时引起的运动,”他说,同时推出他的书《我做我做的事”的城市。

前央行行长还说,他的一些评论印度经济被断章取义。“当我说印度经济的“独眼人被国王在盲人的. .我没有结束它。我还说,印度经济有很多优势。

我不懂社交媒体,但是我相信这是一个巨大的愤怒在我的评论。但每季度之后评论我们的增长已经开始放缓。我不自称是先知,”拉詹表示。

“这只是在我们的本质是保守的;在承诺和超越。这种方法,这将给市场和投资者更多的信心。”

当被问及印度国家银行合并将银行和其他可能的合并在未来电源,Rajan说,“我会支持合并,当两个实体财务状况良好。当两家银行在压力下,他们需要更加关注清理其资产负债表。合并在这个阶段不是很有利。”

demonetisation, Rajan说他打破他的沉默。“我必须澄清,委员会应对议会这并不符合我的回忆事件和通信。我觉得我欠议会分享我的知识。”

美朝危机”,在一个强大的男人的世界;至少男人喜欢出现强劲我担心调整的空间是有限的。我认为没有人是舒适与首席主角在这种情况下。但是,美国的民主体制是巨大的和我想相信有足够的制衡到位。”

FCNR存款计划他在2013年推出,“是一个计算风险,这得到了回报。”

在新兴市场货币,Rajan说,“一个分布式的概念分类很有趣。许多银行已经开始利用这样一个金融交易系统。还有待观察他们如何带来更广泛的采用。比特币或隐匿的,没有基础资产证明的估值——似乎是一个狂热的竞标。”

  • 发布于2017年9月6日,44点坚持
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\"\"CHENNAI: Rise of digital transactions<\/a> during the demonetization exercise was a blip on the radar, said former RBI<\/a> governor Raghuram Rajan<\/a>.
\n
When asked about costs of demonetisation<\/a>, Rajan said, “Post-demonetisation, electronic transaction volumes reverted back to earlier pre-demonetisation trends. I didn't see any permanent upliftment arising as a result of the exercise,“ he said, while launching his book “I do what I do“ in the city on Tuesday.
\n
\nThe former RBI governor also said that some of his comments about the Indian economy were taken out of context. “When I said the Indian economy is a case of `the one-eyed man being king in the land of the blind'..I didn't end it there. I also said the Indian economy has a lot of strengths.
\n
\nI don't follow social media, but I believe here was a huge furore over my comments. But every quarter after that comment our growth has been slowing. I'm not claiming to be prophetic,“ said Rajan.
\n
\n“It is just in our nature to be conservative; to under promise and over-achieve. It is this approach, which will give more confidence to the markets and investors.“
\n
When asked about State Bank of India<\/a> merger with associate banks and other possible mergers in future among the PSUs, Rajan said, “I would advocate mergers, when the two entities are in good financial health. When both banks are under stress, they need to focus more on cleaning up their balance sheets. A merger at this stage is not really conducive.“
\n
On demonetisation, Rajan said he had to break his silence.“I had to clarify as there were committees which gave responses to Parliament<\/a> and that did not accord with my recollection of the events and communications. I felt I owed it to Parliament to share my knowledge of the situation.“
\n
\nOn US-North Korea crisis, “In a world of strong men; or at least men who like to appear strong -I worry that room for adjustment is limited. I don't think anyone is comfortable with the chief protagonists in this situation. But, the US democratic set-up is vast and I'd like to believe has sufficient checks and balances in place.“
\n
\nThe FCNR deposits scheme he introduced in 2013, “was a calculated risk, which paid off.“
\n
\nOn emerging currencies, Rajan said, “The concept of a distributed ledger is interesting. Many banks have started making use of such a system for financial transactions. It remains to be seen how they bring in wider adoption. As to bitcoins or the crypto-currency, there is no underlying asset justifying the valuations -it seems to be a frenzy of bidding up.“
\n
\n<\/body>","next_sibling":[{"msid":60388624,"title":"HCL acquires UK-based data management platform Datawave","entity_type":"ARTICLE","link":"\/news\/hcl-acquires-uk-based-data-management-platform-datawave\/60388624","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":60388822,"entity_type":"ARTICLE","title":"Rise of digital transactions a blip: Rajan","synopsis":"Rise of digital transactions during the demonetization exercise was a blip on the radar, said former RBI governor Raghuram Rajan.","titleseo":"telecomnews\/rise-of-digital-transactions-a-blip-rajan","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"TNN","artdate":"2017-09-06 12:44:10","lastupd":"2017-09-06 12:53:49","breadcrumbTags":["raghuram rajan","rbi","digital transactions","policy","PSU","demonetisation","parliament","state bank of india"],"secinfo":{"seolocation":"telecomnews\/rise-of-digital-transactions-a-blip-rajan"}}" data-news_link="//www.iser-br.com/news/rise-of-digital-transactions-a-blip-rajan/60388822">