RBI Rovernor Raghuram Rajan: Raghuram Rajan is the current and the 23rd Governor of the Reserve Bank of India (RBI). Find Raghuram Rajan News, raghuram rajan news today, raghuram rajan current news, raghuram rajan latest news and more!
Just retired RBI governor Raghuram Rajan’s clean-up of more than $100 billion of stressed assets on the books of banks came in for praise from President Pranab Mukherjee who felt rising NPAs are not a desirable situation.
RBI Governor Raghuram Rajan welcomed the appointment of Urjit Patel as his successor, calling him a close ally and saying it would ensure continuity in meeting the country’s inflation objectives.
Analysts warn the rupee – already Asia’s worst performing currency against the U.S. dollar this year – continues to look vulnerable ahead of September, when dollar term deposits that India raised from citizens abroad in 2013 start to mature.
The steep decline in oil and commodity prices is a new phenomenon and I think the CSO is not equipped to construct credible growth numbers in such a situation.
Reserve Bank Governor Raghuram Rajan today said the technological progress is making the middle class anxious about job security globally.
RBI Governor Raghuram Rajan today came in for praise from Union Minister , who said Rajan is doing a “good job” and has controlled inflation.
Seeking to clear the air on a second term for RBI Governor Raghuram Rajan, Union Minister of State for Finance Jayant Sinha today said Prime Minister Narendra Modi and Finance Minister Arun Jaitley will take a call on this “at an appropriate time”.
Confident about India’s growth picking up further with “more animal spirit” and good monsoon, RBI Governor Raghuram Rajan today said the economy is on the right track though “true numbers” of GDP could be 1 per cent up or down.
Raghuram Rajan may well bag a second term as the RBI governor, with a report suggesting that PM Narendra Modi and FM Arun Jaitley are keen to retain him.
The reappointment, or not, of India’s central bank head Raghuram Rajan has caused enough of a stir to be known locally as “Rexit”, a play on Britain’s EU referendum, reflecting the esteem in which the governor is held at home and abroad.
Economists believe room for a 25-bps drop in repo but differ on timing
Reserve Bank of India Governor Raghuram Rajan has decided to adopt a cautious stance and maintain a status quo in its second bi-monthly policy review…
With the government going ahead with the idea of creating a bad bank, Reserve Bank today made its concerns clear on the ownership of such a vehicle to tide over the bad loan menace, saying the lenders should hold a minority stake in any stressed assets fund.
Reserve Bank today said it expects around USD 20 billion outflows from FCNR-B deposits redemptions, which may create some short-term dollar shortages
RBI Governor Raghuram Rajan today said he is not “overly perturbed” by surrender of Payments Bank licences by some companies but indicated that there could be a mechanism to ensure that entities apply for licences after due diligence as there is a cost involved in vetting them.