Page 10 - Raghuram Rajan

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

Announce successor to Rajan soon: Congress

Congress spokesman Rajeev Gowda, said that when the Congress-led UPA was in power, it had announced the name of Rajan as successor to the then RBI Governor Subba Rao three months before his term was to conclude

Raghuram Rajan optimistic about meeting inflation target of 5%

Rajan, who demits office on September 4 after completion of 3-year tenure, also said that today's was likely the last of the Governor-led monetary policy reviews

Comfortable with NPA clean-up so far, says Rajan

In the December monetary policy statement, Rajan had set a deadline of March 2017 for banks to clean up their balance sheets

I had fantastic tenure; results to be visible in 5-6 years: Raghuram Rajan

Rajan said people send him 'anonymous thank you notes' even when he is on a plane

Rajan sees red on bankers' reluctance to pass on cheap money

Rajan charged bankers with inventing newer alibi for delaying the rate cuts

Transforming bank licensing

Raghuram Rajan completes a revolution

Swamy again hits out at Rajan

Swamy has been accusing Rajan over financial policy attracting widespread media attention

Raghuram Rajan's last hurrah

The government needs to plug the institutional gaps

Rajan wants monetary policy panel formed before he leaves RBI

The governor wants to see a committee established before his three-year term ends next month

Govts must protect central banks' independence, says Rajan

He argued India's real interest rate was actually in the middle-of-rates prevailing in the world, and lower than China's

Raghuram Rajan defends inflation record, urges independence for RBI

Indian monetary policy has not been too tight and lower credit offtake not due to high interest rate, the outgoing RBI Governor said

Current value of rupee reasonable, says Rajan

While 'currency is a complicated animal', RBI guv says India should be wary of side-effects

Mr Rajan's concerns

RBI should review its instruments of measuring inflation

Credit should follow financial services to achieve inclusion: Rajan

New initiatives in easing of payments and remittances will boost access to financial services in rural areas, RBI Governor says

India needs years of strong growth to match China: Raghuram Rajan

Rajan said India's credit to GDP is 50%, below when compared to emerging markets such as China, where value is 150%

Attempt to devalue rupee may lead to surge in inflationary pressures: Raghuram Rajan

He said that the CPI June numbers last week were 5.8% and the policy rate is 6.5%