Growth Quote by Urjit Patel

Monetary policy transmission encompasses the whole continuum of interest rates; of course, the central bank only determines the overnight policy rate.

— 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…

— 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…

— 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…

— Urjit Patel

I think India's policy that the openness of trade should be carried through a multilateral process is the right one.

— 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…

— Urjit Patel

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

— Urjit Patel

There is little room for complacency, and it is important to guard against sporadic volatility in financial markets.

— Urjit Patel

Large credit guarantees also impede optimal allocation of financial resources and increase moral hazard.

— 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.

— 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,…

— 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…

— Urjit Patel