 "Raghuram Rajan")
Banks were fooling themselves by not acknowledging their bad debt mess, says former Reserve Bank of India (RBI) governor Raghuram Rajan. Speaking to Anup Roy on the sidelines of the release of his book “I do what I do” in Chennai, Rajan says through his speeches he had tried to warn about the impending dangers, which have largely come true now. He also reveals his plan for setting up a liberal arts university in south India as part of his continued engagement with the country. Edited excerpts:
How does an event like demonetisation impact efforts to internationalise the rupee?
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