Raghuram Rajan

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Raghuram Rajan: Economic slowdown 'very worrisome', reforms needed to boost ailing sectors

Raghuram Rajan said the government's top priority should be fixing the problems in power and non-banking financial sectors (NBFCs).

Raghuram Rajan signals Brexit politics deterred him from seeking BOE job

In an interview with the BBC, Rajan confirmed he hadn’t sought the position and cited the fact that central banking 'has become much more political in recent times' as an explanation for why not.

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Raghuram Rajan flags risks for govt’s overseas borrowing plan

The plan to sell bonds overseas comes as Prime Minister Narendra Modi faces shrinking options to raise funds as a slowing economy crimps tax revenues.

Setting limits

Raghuram Rajan’s suggestion on protecting RBI governor’s tenure must trigger wider debate on institutional autonomy

Protectionism doesn't really help preserve jobs: Raghuram Rajan

Delivering the keynote address at the 2019 ECOSOC Forum on Financing for Development at the UN Headquarters on Monday, Rajan said the open liberal democratic market system that brought the world enormous prosperity in the six decades or so after the Second World War is now under attack.

Maybe it’s time to provide statutory protection for RBI Governor’s term: Raghuram Rajan

"In India, there is a certain amount of rural-urban divide which is due to the farm distress and the traditional problem of poverty which despite our progress has not been eliminated," says former RBI Governor Raghuram Rajan.

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Congress’s concept of minimum income guarantee is intellectually embarrassing and deeply flawed

Very likely, and I am speculating, it was because of the opposition of Congress’s economic consultants that there were glaring and obvious contradictions in the Congress’s Minimum Income Guarantee (MIG) income, and the contradiction between survival and poverty line income.

Raghuram Rajan says he will return if there is an opportunity to be of use

Raghuram Rajan, a former Chief Economist at the International Monetary Fund who was denied a second term as Reserve Bank Governor by the BJP-led government, said he is "very happy" where he is, but is open to opportunities.

Raghuram Rajan: Targeted transfers at the poor is part of safety net

Rajan’s comments come in the backdrop of the Congress party announcing a minimum income guarantee of Rs 6,000 per month to 20 per cent of India’s poorest household if voted to power.

Raghuram Rajan believes India will overtake China's economy eventually

Rajan was addressing a session on Strategic Outlook for South Asia during which he shared his observation, further claiming that the Indian economy would continue to grow while the growth rate in China is decelerating.

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RBI Governor Raghuram Rajan delivers first Ramnath Goenka Lecture

RBI Governor Dr. Raghuram Rajan delivered his first Ramanth Goenka Memorial lecture in New Delhi on Saturday (March 12).

Today in pics: RBI Governor Raghuram Rajan addresses press conference

The Reserve Bank on Tuesday kept key policy rate unchanged, giving no respite either to borrowers or India Inc.

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Raghuram Rajan announces RBI monetary policy

Reserve Bank Governor Raghuram Rajan today said the 25 basis point repo rate hike will help rein in consumer price rise.

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RBI Policy: Raghuram Rajan On Stressed Assets & Transmission Of Interest Rates

The Reserve Bank of India left its policy rates unchanged in its second bi-monthly monetary policy review for this financial year. The benchmark repo rate, at which RBI lends to banks, is unchanged at 6.5% as the central bank as it took cognisance of rising inflation in recent months. Consumer price index inflation jumped to […]

Raghuram Rajan Apologises For The ' One Eyed Man' Comment

Criticised among others by Commerce and Industry Minister Nirmala Sitharaman for describing the Indian economy as ‘andhon mein kana raja’, Reserve Bank of India (RBI) Governor Raghuram Rajan, while apologising to “a section of the population that I did hurt, the blind”, said “listeners should not look for insults everywhere, and should place words in […]

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Q&A With RBI Governor Dr Raghuram Rajan At RNG Lecture

Speaking at the inaugural Ramnath Goenka Lecture series in New Delhi, RBI Governor Raghuram Rajan Saturday said that large scale debt write-offs are difficult in the current economic climate. Rajan went on to say that we cannot paint lenders and borrowers with the same brush. “If you start investigating every loan gone bad, I think […]

Raghuram Rajan says banks will be restored back to health

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.

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