Raghuram Rajan

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RBI Guv Raghuram Rajan rues missing ‘political will’ despite ‘solutions being clear’

There may not be enough political will often to do what is necessary even if the solutions are clear, said Reserve Bank of India (RBI) governor Raghuram Rajan, who was addressing students at an educational institute in Mumbai. He decided to “spend sometime” Tuesday talking on what was happening in the global economy. “Economic policies […]

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Raghuram Rajan: Global reserves 'safety net' also proposed in Washington (AP)

WPI at 5-year low but Raghuram Rajan sticks to guns

Raghuram Rajan says no point in cutting rates and then see inflation rising.

Govt shouldn’t treat PSBs as its extended arm: RBI Governor

‘Banks are there to undertake social actions but those must be backed by financial gains’.

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Free diesel prices at the earliest, RBI Guv Raghuram Rajan tells Centre

Govt must take advantage of the lowest oil prices in a year: Raghuram Rajan.

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Need to lower inflation before cutting rates: Raghuram Rajan

RBI Governor says there is no point in cutting interest rates to see inflation pick up again.

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Where monetary policy is irrelevant

It plays no role in the rise and fall of inflation. RBI must junk its inflation expectations survey before it causes more damage to its reputation

‘Growth story intact despite inflation woes’

On price rise, Rajan said that while inflation was off peaks, it remained high due to supply-side rigidities.

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Indian banks’ bad loan level not ‘scary’, says RBI Governor Raghuram Rajan

The level of bad loans at Indian banks is a “concern” but is not “scary”, says Raghuram Rajan.

Rajan, deputies to reach out to staff over restructuring

There has been apprehension among RBI staff and employees’ unions over restructuring which has prompted Rajan to hold a second meeting.

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Emerging markets need to participate in global financial agenda, says Rajan

Rajan, specifically cited policy changes like the quantitative easing by the US.

RBI, govt working to improve PSU bank performance: Rajan

Rajan was referring to the recent developments involving the arrest of Syndicate Bank chairman.

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Crony capitalism killing competition and transparency, says RBI Governor

According to Rajan, one of the greatest dangers to the growth of developing countries is the middle-income trap.

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Arun Jaitley backs RBI; Rajan to take call on rate rejig

The agreement puts behind a frosty relationship that had emerged between the RBI and the Finance Ministry.

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Raghuram Rajan’s tough inflation stance risks stand-off with govt

RBI governor’s people skills may be tested when FM Arun Jaitley attends Sunday’s RBI board meet.

‘Need to review PSB governance, improve salaries’

Nayak Committee had also recommended several steps like bringing down the government stake.

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