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Urjit Patel Quotes


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Quotes by Urjit Patel

Showing 31-40 of 40 Quotes by Urjit Patel

Valid criticism is something that we are open for, and we take it in the spirit in which it is given and try to improve ourselves.

~Urjit Patel

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Remonetisation has happened at a fast pace, and that was part of the plan that, subsequent to the withdrawal of the specified bank notes, our production plans and supply processes would ensure that the remonetisation happened as quickly as possible.

~Urjit Patel

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The monetary policy committee could either keep rates constant, increase them, or bring them down. There are three options possible compared to when it is accommodative.

~Urjit Patel

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As many have pointed out, it is not clear that we need so many public sector banks. The system could be better off if they are consolidated into fewer but healthier banks.

~Urjit Patel

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One of the things that the public sector banks need to do is to raise private capital from the market and not rely on government largesse.

~Urjit Patel

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The materialisation of reforms in the form of rollout of the GST, the institution of Indian Insolvency and Bankruptcy Code, and the abolition of the Foreign Investment Promotion Board should boost investor and investment confidence.

~Urjit Patel

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If one sees far, structural changes that come with temporary disruptions can be growth- and efficiency-augmenting in the medium to long term.

~Urjit Patel

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It is important to recognise near- and medium-term risks to the inflation outlook.

~Urjit Patel

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The best way that a central bank can support growth on a durable basis is to ensure inflation is low, stable - there is financial stability - and that is the role that the central bank plays.

~Urjit Patel

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There are some things that are under our control, and that is to ensure that we ourselves follow sound macroeconomic stability rules.

~Urjit Patel

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Biography

Nationality: Indian

Type: Economist

Born: Unknown

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