---
title: "1 Banks Need Quotes By Urjit Patel"
description: "1 Banks Need quotes by Urjit Patel. Plus more from Urjit Patel and more Banks Need sayings from other authors."
image: "https://sms4smile.com/quotes/i/c3b/urjit-patel-16339_government_one-of-the-things-that-the-public-sector_98120.jpg"
---

> [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.](https://sms4smile.com/quotes/urjit-patel/one-of-the-things-that-the-public-sector-banks-need-to-do-is-to-raise/)

[Urjit Patel](https://sms4smile.com/quotes/author/urjit-patel/)

[Image](https://sms4smile.com/quotes/i/c3b/urjit-patel-16339_government_one-of-the-things-that-the-public-sector_98120.jpg)

## More by Urjit Patel

> [Monetary policy transmission encompasses the whole continuum of interest rates; of course, the central bank only determines the overnight policy rate.](https://sms4smile.com/quotes/urjit-patel/monetary-policy-transmission-encompasses-the-whole-continuum-of/)

[Urjit Patel](https://sms4smile.com/quotes/author/urjit-patel/)

> [One of the things that the public sector banks need to do is to raise private capital from the market and not rely on…](https://sms4smile.com/quotes/urjit-patel/one-of-the-things-that-the-public-sector-banks-need-to-do-is-to-raise/)

[Urjit Patel](https://sms4smile.com/quotes/author/urjit-patel/)

> [As many have pointed out, it is not clear that we need so many public sector banks. The system could be better off if…](https://sms4smile.com/quotes/urjit-patel/as-many-have-pointed-out-it-is-not-clear-that-we-need-so-many-public/)

[Urjit Patel](https://sms4smile.com/quotes/author/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…](https://sms4smile.com/quotes/urjit-patel/valid-criticism-is-something-that-we-are-open-for-and-we-take-it-in/)

[Urjit Patel](https://sms4smile.com/quotes/author/urjit-patel/)

> [I think India's policy that the openness of trade should be carried through a multilateral process is the right one.](https://sms4smile.com/quotes/urjit-patel/i-think-india-s-policy-that-the-openness-of-trade-should-be-carried/)

[Urjit Patel](https://sms4smile.com/quotes/author/urjit-patel/)

> [The best way that a central bank can support growth on a durable basis is to ensure inflation is low, stable - there is…](https://sms4smile.com/quotes/urjit-patel/the-best-way-that-a-central-bank-can-support-growth-on-a-durable/)

[Urjit Patel](https://sms4smile.com/quotes/author/urjit-patel/)

> [It is important to recognise near- and medium-term risks to the inflation outlook.](https://sms4smile.com/quotes/urjit-patel/it-is-important-to-recognise-near-and-medium-term-risks-to-the/)

[Urjit Patel](https://sms4smile.com/quotes/author/urjit-patel/)

> [There is little room for complacency, and it is important to guard against sporadic volatility in financial markets.](https://sms4smile.com/quotes/urjit-patel/there-is-little-room-for-complacency-and-it-is-important-to-guard/)

[Urjit Patel](https://sms4smile.com/quotes/author/urjit-patel/)

> [Large credit guarantees also impede optimal allocation of financial resources and increase moral hazard.](https://sms4smile.com/quotes/urjit-patel/large-credit-guarantees-also-impede-optimal-allocation-of-financial/)

[Urjit Patel](https://sms4smile.com/quotes/author/urjit-patel/)

> [Very few countries grow at high rate if inflation is high and volatile. I think, in a way, we are doing our bit to…](https://sms4smile.com/quotes/urjit-patel/very-few-countries-grow-at-high-rate-if-inflation-is-high-and/)

[Urjit Patel](https://sms4smile.com/quotes/author/urjit-patel/)

> [I think that it is important that one grows a thick skin fast in this business, and I think we have done that.](https://sms4smile.com/quotes/urjit-patel/i-think-that-it-is-important-that-one-grows-a-thick-skin-fast-in-this/)

[Urjit Patel](https://sms4smile.com/quotes/author/urjit-patel/)

> [Remonetisation has happened at a fast pace, and that was part of the plan that, subsequent to the withdrawal of the specified bank notes,…](https://sms4smile.com/quotes/urjit-patel/remonetisation-has-happened-at-a-fast-pace-and-that-was-part-of-the/)

[Urjit Patel](https://sms4smile.com/quotes/author/urjit-patel/)

> [There are tens of thousands of bank branches and 4,000 currency chests. We need to be careful and try that this is a number…](https://sms4smile.com/quotes/urjit-patel/there-are-tens-of-thousands-of-bank-branches-and-4-000-currency/)

[Urjit Patel](https://sms4smile.com/quotes/author/urjit-patel/)

> [Enhanced transparency has helped to reinforce the stability of India's financial system.](https://sms4smile.com/quotes/urjit-patel/enhanced-transparency-has-helped-to-reinforce-the-stability-of-india/)

[Urjit Patel](https://sms4smile.com/quotes/author/urjit-patel/)

> [The materialisation of reforms in the form of rollout of the GST, the institution of Indian Insolvency and Bankruptcy Code, and the abolition of…](https://sms4smile.com/quotes/urjit-patel/the-materialisation-of-reforms-in-the-form-of-rollout-of-the-gst-the/)

[Urjit Patel](https://sms4smile.com/quotes/author/urjit-patel/)

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