Page 11 - Raghuram Rajan

RBI under Rajan: Building credibility for RBI

Rajan stabilised the rupee, reined in inflation, attacked banks' stressed assets, reconstituted the monetary policy framework and allowed payments banks and small finance banks

The other side of Raghuram Rajan

When Rajan chooses to respond to a query, which is the norm rather than the exception, the responses are sprinkled with interesting anecdotes to drive home the point

Raghuram Rajan's legacy: Building credibility for RBI

Rajan succeeded in halving inflation rate from the double digit levels prevailing when he took over and also persuaded the govt to adopt inflation targeting

Rajan says attacks on him abominable; was open to extension

In an interview to a news channel he said the process of dialogue with the government did not reach a stage where he could have agreed to stay on

Whatever I say will be problematic: Rajan on Modi

Some sugget his candid public speeches made the govt uncomfortable about reappointing Rajan for another term

Rajan set to bow out, leaving India strategies for inflation, bank clean-up

Govt formally adopted Rajan's consumer price inflation target of 4% with 2% points elbow room on either side

Mr Rajan's swansong

His last policy review raises hope for continuity in RBI's actions

PSU banks underpay at top; I too feel underpaid: Rajan

In a lighter vein, Rajan said he felt he was "underpaid" as PSBs tend to overpay at the bottom but underpay their top executives

PSU banks underpay at top; I too feel 'under-paid': Raghuram Rajan

SBI Chairperson Arundhati Bhattacharya got Rs 31.1 lakh in 2015-16, while HDFC Bank's MD Aditya Puri got Rs 9.7 crore

Raghuram Rajan asks banks to improve cyber security systems

He urged the lenders to take a 'fresh look' at their security architecture

Raghuram Rajan wants individual bankers to take onus for large loans

Rajan also said the person taking the responsibility should also be rewarded if the project goes on well

Raghuram Rajan calls for revamp of India's bank regulators

Government-owned lenders account for around 70 per cent of lending in Asia's third-largest economy

Raising FCNR deposits was driven by FinMin: Rajan

RBI had originally expected to raise $10 billion but eventually raised about $30 billion under the scheme

Bigger NBFCs must be inspected regularly: Rajan

Says he has done 90-95% of what needs to be done

RBI soaking foreign inflows to curb impact on rupee: Raghuram Rajan

Rajan also said the central bank would likely pay a record-high dividend to the government

Bond markets rally as salute to Rajan's last monetary policy

RBI Governor says if the central bank sees stress in currency market, it will take a call on infusing liquidity in the foreign exchange markets

It is not wise to assume GST implementation will necessarily increase inflation: Raghuram Rajan

Interview with Governor, RBI

Letters: Rajan knows his job well

Apropos Anup Roy's report, "Raghuram Rajan leaves repo rate unchanged at 6.5%" (August 9), the decision of the outgoing Reserve Bank of India (RBI) governor to maintain status quo at his final monetary policy review meeting wasn't a surprise; it was a foregone conclusion in the wake of the "inflationary" situation in the economy.Retail inflation for June was 5.77 per cent. This had its root in the spurt in food prices. Man-made circumstances created by vested interests jacked up the Consumer Price Index (CPI), much to the discomfiture of the common man as well as the RBI.Of course, the central bank's monetary policy doesn't have direct bearing on the prices of food items and fuel, even though both carry weight in the basket of goods used to fix the benchmark figures for inclusion in the CPI indicating the actual price level in the economy.Rajan once again relied on an accommodating stance. Had he opted for a rate cut, he would have contradicted himself by moving away from his well-know

Letters: Rajan will be missed

Opinions are bound to be varied on the issue of a rate cut by the Reserve Bank of India (RBI) due to the complexities and uncertainties associated with it. In the present situation such complexities and uncertainties appear to be under control, though a spike in inflation and some other critical factors cannot be ignored. Thus, the RBI's decision to maintain status quo in its third bimonthly monetary policy is along expected lines and will allow the situation to stabilise.Consistency in policy action is key to sustained growth. Outgoing RBI Governor Raghuram Rajan would like to wrap his innings in a subdued manner without much exhibition. Nevertheless, his tenure will be remembered for a long time. His calm yet effective actions will be missed.Srinivasan Umashankar NagpurLetters can be mailed, faxed or e-mailed to:The Editor, Business StandardNehru House, 4 Bahadur Shah Zafar MargNew Delhi 110 002Fax: (011) 23720201E-mail: letters@bsmail.inAll letters must have a postal address and t

Raghuram Rajan says speeches never criticised government

Rajan will step down as governor of the Reserve Bank of India had raised speculation that some of his speech had upset Narendra Modi's nationalist govt