Tue, Mar 07, 2023
Rajan said that the sequential slowdown in the quarterly growth, as revealed by the latest estimate of national income released by the National Statistical Office (NSO) last month, was worrying.
Sun, Mar 05, 2023
The funds -- Elara India Opportunities Fund, Cresta Fund, Albula Investment Fund and APMS Investment Fund -- have been under cloud for last couple of years after allegations that they may be shell companies.
Wed, Dec 14, 2022
Dr Raghuram Rajan was the 23rd Governor of the Reserve Bank of India between September 2013 and September 2016.
Tue, Mar 26, 2019
Raghuram Rajan is currently the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago's Booth School of Business in the US.
Tue, Mar 12, 2019
Rajan said he believes that capitalism is breaking down because it is not providing equal opportunities. "It's not providing equal opportunity and in fact the people who are falling off are in a much worse situation," he said.
Rajan, tipped by some as a possible successor to take over from Mark Carney as governor of the Bank of England, said it was possible in the past to obtain a middle class job with "modest education".
Mon, Dec 10, 2018
With RBI Governor Urjit Patel putting in his papers, his immediate predecessor Raghuram Rajan Monday said "all Indians" should be concerned as strength of institutions is important for growth and development.
When asked about RBI's autonomy, Rajan mentioned that the act of resignation by a government servant or a regulator is really a note of protest. It is saying that the person cannot stay on given the kinds of policies that are being thrust upon them.
The Reserve Bank of India`s Governor, Urjit Patel, resigned for "personal reasons" on Monday, a decision analysts linked to the intense pressure on the central bank from the government to ease regulatory curbs. The government and the RBI have been fighting for weeks over how much autonomy the RB
Urjit Patel resignation: In a surprise development, the Reserve Bank of India (RBI) Urjit Patel today announced his decision to quit from the top post. The RBI and the government have been involved in a tussle for the last many weeks.
Urjit Patel Resignation: Support and hard work of RBI staff, officers and management has been proximate driver of Bank’s considerable accomplishments in recent years, said Urjit Patel.
Fri, Dec 07, 2018
Krishnamurthy Subramanian of the Indian School of Business (ISB) has been appointed as the the replacement of former Chief Economic Adviser Arvind Subramanian in Narendra Modi government.
Tue, Nov 13, 2018
Deven Choksey, MD, KR Choksey Investment Managers, in an exclusive interview with Anil Singhvi of Zee Business, talks about the rift between the RBI and the government as well as the benefits of GST and demonetisation.
Sat, Nov 10, 2018
Former RBI governor Raghuram Rajan has spoken at length on two of the biggest and most controversy-generating issues in India in recent times that have embroiled the financial system here.
Excessive centralisation of power in the political decision making is one of India's main problems, former RBI Governor Raghuram Rajan has said, as he highlighted the recent unveiling of the 'Statue of Unity' as an example of the project that required the approval of the Prime Minister's Office.
Tue, Nov 06, 2018
Raghuram Rajan spoke in an interview over key developments in RBI vs govt controversy, section 7, debate on NBFC liquity, PCA framework and he also shed some light on rupee volatility.
Former Reserve Bank of India Governor Raghuram Rajan defended the central bank`s call for greater autonomy from the government, saying ultimately the nation stands to benefit from an independent and robust RBI.
Tue, Oct 30, 2018
Government officials may blame RBI for talking about regulatory matters openly, but in a big relief for Governor Urjit Patel, the central bank’s union has taken up cudgels on his behalf.
Mon, Oct 08, 2018
Today, the rupee finished at 74.040 down by 0.065 or 0.09% against US dollar. However, in early hours of trading, the Indian rupee touched an all-time low of 74.165.
Tue, Sep 25, 2018
Finance Minister Arun Jaitley Tuesday hit out at former RBI governor Raghuram Rajan for predicting that the next banking crisis would be triggered by MSME lending, saying postmortem is easier than taking action when it was required.
Thu, Sep 13, 2018
Raghuram Rajan said, “We need concentrated attention by a high level empowered and responsible group set up by government on cleaning up the banks.”
Ever since the RBI had spoken of asset quality recognition (AQR) in 2015, there was an increase in the pace of recognizing these blighted assets.
Tue, Sep 11, 2018
"It is at such times that banks make mistakes. They extrapolate past growth and performance to the future. So, they are willing to accept higher leverage in projects, and less promoter equity. Indeed, sometimes banks signed up to lend based on project reports by the promoter's investment bank, without doing their own due diligence," he said.
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