We've political will for financial reforms, says Raghuram Rajan

Underscoring the need for financial sector reforms, RBI Governor Raghuram Rajan has stressed the "time to deliver begins now" and there is political will to undertake reforms and improve the country's economic growth.

"Financial reform is not difficult. We have the political will to improve," the Indian Consulate in New York tweeted the RBI governor as saying during an event on Wednesday.

"Time to deliver begins now. We need to focus on deliverables," another tweet quoting Rajan said.

The head of the country's central bank addressed a select gathering of prominent and influential Indo-American businessmen from the finance and banking sector at an event organised by the Consulate General.