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IMF MD ropes in Raghuram Rajan, 11 others to key external advisory group

To serve our membership well in this context, we need top-notch input and expertise from the widest range of sources, inside and outside the Fund, IMF MD said

Raghuram Rajan put in place a series  of actions to impose greater financial discipline on banks and forced them  to recognize stressed assets
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Rajan, 57, who was the Reserve Bank of India (RBI) governor for three years until September 2016

Press Trust of India
IMF MD Kristalina Georgieva on Friday named former RBI governor Raghuram Rajan and 11 others to her external advisory group to provide perspectives from around the globe on key developments and policy issues, including responses to the exceptional challenges the world now faces due to the coronavirus pandemic.

Rajan, 57, who was the Reserve Bank of India (RBI) governor for three years until September 2016, is currently working as a professor at the prestigious University of Chicago.

Georgieva said that even before the spread of Covid-19 and the dramatic health, economic and financial disruptions it has brought, International Monetary Fund (IMF) members