Ramnath Goenka Lecture series: Large scale debt write-offs difficult, says RBI Governor Raghuram Rajan

“If you start investigating every loan gone bad, I think it will kill industry. Need to go after malfeasance,” said Rajan.

The series was launched by The Express Group to mark 25 years of the passing away of Ramnath Goenka, founder of The Indian Express.

WATCH: RBI Governor Raghuram Rajan delivers first RNG lecture

Here are the highlights: 

#RNGLecture @anantgoenka hands over a memento to RBI Governor Raghuram Rajan pic.twitter.com/DmGpuhG6je

— The Indian Express (@IndianExpress) March 12, 2016

Focus on infrastructure for creating jobs, education, access to financial institutions is the way to create equality: Rajan @IndianExpress

— Liz Mathew (@MathewLiz) March 12, 2016

Public sector can play an important role in mixed economy. Its about efficiency, be it public or private sector, says Dr Rajan #RNGLecture

— P Vaidyanathan Iyer (@iyervaidy) March 12, 2016

Go after cases where there is clear malfeasance, involve bankers with integrity : Raghuram Rajan #RNGLecture

— Maneesh Chhibber (@maneeshchhibber) March 12, 2016

If you start investigating every loan gone bad, I think it will kill industry. Need to go after malfeasance: Raghuram Rajan #RNGLecture

— Maneesh Chhibber (@maneeshchhibber) March 12, 2016

Our policies should be based on facts, empirical data and debate: Raghuram Rajan #RNGLecture

— Maneesh Chhibber (@maneeshchhibber) March 12, 2016

We have to build coalitions with other industrial countries: Rajan #RNGLecture

— The Indian Express (@IndianExpress) March 12, 2016

We have to be careful about picking industries to support: Rajan #RNGLecture

— The Indian Express (@IndianExpress) March 12, 2016

FDI at $38.7bn till Jan this year just $3bn short of the highest FDI of $41.7bn in 2008-09. Two months to go: Dr Rajan #RNGLecture

— P Vaidyanathan Iyer (@iyervaidy) March 12, 2016

“One of the things we have done is to move inflows to the longer run,” RBI Governor Raghuram Rajan at #RNGLecture

— The Indian Express (@IndianExpress) March 12, 2016

An ideal exchange rate is neither strong nor weak, but just right: Rajan #RNGLecture

— The Indian Express (@IndianExpress) March 12, 2016

#RNGLecture “Don’t worry about the exchange rate. It’s broadly in the right place,” says Raghuram Rajan pic.twitter.com/VrgSHiLWIo

— The Indian Express (@IndianExpress) March 12, 2016

We are not alone in suffering a fall in trade: Raghuram Rajan #RNGLecture

— The Indian Express (@IndianExpress) March 12, 2016

Indian trade is likely to be muted for some time, our exports have been coming down: Raghuram Rajan #RNGLecture pic.twitter.com/RuGmxzAV9T

— The Indian Express (@IndianExpress) March 12, 2016

Rajan says despite 2 consecutive draughts, 7% growth only due to increasing macro economic stabilisation #RNGLecture

— Maneesh Chhibber (@maneeshchhibber) March 12, 2016

Losing focus of macro economic stability is a dangerous path: Dr Rajan #RNGLecture

— P Vaidyanathan Iyer (@iyervaidy) March 12, 2016

Our path is a little more stable compared to what others are doing: Raghuram Rajan #RNGLecture

— The Indian Express (@IndianExpress) March 12, 2016

On debts and stressed assets, RBI Governor Raghuram Rajan says can’t paint all lenders & borrowers with same brush. #RNGLecture

— Maneesh Chhibber (@maneeshchhibber) March 12, 2016

RBI Governor Dr Raghuram Rajan says large scale debt write offs difficult #RNGLecture

— P Vaidyanathan Iyer (@iyervaidy) March 12, 2016

Productivity growth not happening now compared with past, says Dr Rajan #RNGLecture

— P Vaidyanathan Iyer (@iyervaidy) March 12, 2016

Countries engaging in more and more aggressive monetary policy…creates volatility for us: Dr Rajan #RNGLecture

— P Vaidyanathan Iyer (@iyervaidy) March 12, 2016

We are living in a manic depressive global environment: Dr Rajan #RNGLecture

— P Vaidyanathan Iyer (@iyervaidy) March 12, 2016

Shifting of powers from the RBI Gov to a committee is a good move: Rajan #RNGLecture

— P Vaidyanathan Iyer (@iyervaidy) March 12, 2016

RBI Governor Raghuram Rajan says in current times India needs macro economic consolidation #RNGLECTURE

— Maneesh Chhibber (@maneeshchhibber) March 12, 2016

I believe monetary reforms undertaken by this Govt are important and significant:Raghuram Rajan #RNGLecture

— The Indian Express (@IndianExpress) March 12, 2016

Structural reforms tend to upset constituencies: Raghuram Rajan #RNGLecture

— The Indian Express (@IndianExpress) March 12, 2016

I want to speak on india’s engagement with the modern world: Rajan #RNGLecture pic.twitter.com/zOTTDJmjaQ

— The Indian Express (@IndianExpress) March 12, 2016

#RNGLecture kicks off with opening remarks by Chief Editor Rajkamal Jha pic.twitter.com/AfvnqzlDQr

— The Indian Express (@IndianExpress) March 12, 2016

It is a packed house at the first #RNGLecture pic.twitter.com/t3JDJxMzuK

— The Indian Express (@IndianExpress) March 12, 2016

Raghuram Rajan arrives for #RNGLecture @IndianExpress pic.twitter.com/zH0IuOPAVr

— Liz Mathew (@MathewLiz) March 12, 2016