June 21, 2021 7:42 pm
A white paper detailing the true state of Tamil Nadu’s finances will be released in July, said Governor Banwarilal Purohit during the first session of the 16th state legislative assembly in Chennai.
May 04, 2021 10:49 pm
After a drop in cases last year, “there was a sense that we had endured the worst the virus could give us and we had come through and it was time to open up, and that complacency hurt us,” said Raghuram Rajan
March 20, 2021 8:50 pm
After the exits of Pratap Bhanu Mehta and Arvind Subramanian, Raghuram Rajan has said free speech is the soul of a great university, and by compromising on it, the founders of Ashoka University have bartered away its soul.
November 25, 2020 8:33 am
A recent RBI report has recommended that large corporate and industrial houses should be allowed ownership of private banks. What led to this recommendation, and why has it come in for criticism?
November 23, 2020 6:00 pm
They also said that the proposal is "best left on the shelf".
October 08, 2020 12:30 am
Rajan, currently a professor at the University of Chicago, further said India needs world-class manufacturing and that means the country's manufacturers have access to cheap imports, which form the basis for strong exports.
September 22, 2020 10:23 am
On tackling of bad loans, they said private asset management and national asset management “bad banks” should be encouraged in parallel to the online platform for distressed loan sales.
September 07, 2020 3:05 pm
Without relief measures, the growth potential of the economy would be seriously damaged, Rajan said, while highlighting the need expand the resource envelope and spend as cleverly as possible.
July 31, 2020 1:19 pm
Raghuram Rajan said that because of the slide in the growth over the last few years, India entered the current crisis in a more "debilitated" state as compared to its peers.
July 27, 2020 4:40 pm
Explaining what to expect next week, every Sunday morning: Not a single respondent in RBI latest systemic risk survey expected a V-shaped economic recovery
March 16, 2016 12:59 pm
RBI Governor Dr. Raghuram Rajan delivered his first Ramanth Goenka Memorial lecture in New Delhi on Saturday (March 12).
August 05, 2014 4:35 pm
The Reserve Bank on Tuesday kept key policy rate unchanged, giving no respite either to borrowers or India Inc.
January 28, 2014 6:35 pm
Reserve Bank Governor Raghuram Rajan today said the 25 basis point repo rate hike will help rein in consumer price rise.
June 07, 2016 4:43 pm
April 21, 2016 1:33 am
March 20, 2016 2:48 pm
February 12, 2016 4:56 am
Mumbai/New Delhi, Feb 12 (ANI): Reserve Bank of India (RBI) Governor Raghuram Rajan said that efforts of the federal bank and the government to clean up banks' balance sheets would be successful and warned analysts against "scare-mongering"about the level of stressed assets in the sector. India's banks are struggling under $100 billion of stressed loans, choking the financial system at a time when the economy needs fresh investment to galvanise growth. Minister of State for Finance Jayant Sinha said the government, while working closely with RBI, was supporting the banks fully in terms of both capital as well as necessary policy measures. He also said that they have gone through and done the asset quality review and have identified the full extent of the problem.