New RBI Governor Raghuram Rajan: Quotes

Written by FE | Updated: Sep 5 2013, 01:40am hrs

"This is not an easy time...We have to be careful of not injecting more uncertainty than economy can handle...we have very stable, solid economy; we are going through challenging times."

(Raghuram Rajan took charge from D. Subbarao [R] as the new Reserve Bank of India [RBI] Governor. Express photo: Prashant Nadkar.)

"Our actions will be at measured pace given the current market turmoil."

(Raghuram Rajan and D Subbarao hug at the handing-over ceremony. Express photo: Prashant Nadkar.)

We have to be careful of not injecting more uncertainty than economy can handle

(Raghuram Rajan and D Subbarao ink the changeover at a ceremony at the RBI headquarters in Mumbai today. Express photo: Prashant Nadkar)

Monetary stability prime role of RBI.

(Raghuram Rajan and D Subbarao ink the changeover at a ceremony at the RBI headquarters in Mumbai today. Express photo: Prashant Nadkar).

We have very stable, solid economy; we are going through challenging times.

(Raghuram Rajan and D Subbarao react to a question at RBI headquarters. Express photo: Prashant Nadkar)