Page 3 - Raghuram Rajan

Prioritise spending, boost infra, sell PSUs: Raghuram Rajan on Budget

Former RBI Governor Raghuram Rajan says the government should take advantage of the peaks in the Indian equity markets right now and sell stakes in PSUs

Companies in banking? Wrong debate

India had already allowed businesses houses to enter banking in its 2013 bank licensing guidelines

Rajan, Viral Acharya rip apart RBI over bank licences for large corporates

The duo said banks in India are rarely allowed to fail, which helps them garner huge deposits. If banks are owned by industrial houses, it can lead to bad lending

Top headlines: RBI panel under fire, AstraZeneca says Covid shot successful

A vaccine developed by AstraZeneca and the University of Oxford prevented 70% of people from developing the coronavirus in late-stage trials, and more top headlines of the day

Blaming clean-up efforts of Rajan, Patel for slowdown a 'tragedy': Acharya

Acharya said there are analysts who blame the efforts undertaken by RBI under Rajan and Patel for the current slowdown

Raghuram Rajan warns against import substitution under Aatmanirbhar Bharat

Rajan said in order to export, one needs to be able to import things that go into those exports as cheaply as it can

'Atmanirbhar Bharat' should not result in protectionism: Raghuram Rajan

Rajan was addressing a virtual event organised by economic think tank ICRIER

Untenable status quo

A new paper shows the need for urgency of PSB reforms

On the same page: Rajan, Acharya suggest 'bad bank' for distressed assets

According to the paper, private asset management and national asset management ''bad banks'' should be encouraged in parallel to the online platform for distressed loan sales

Economy needs action; govt should exit its bubble and listen to advice

Govt must be open to economists' advice and correct course

Fall in GDP alarming; time for bureaucracy to take meaningful action: Rajan

Terming the 23.9 per cent fall in economic growth in June quarter alarming, former Reserve Bank Governor Raghuram Rajan has said bureaucracy should come out of complacency and take meaningful action

India's GDP contraction should alarm everyone: Ex RBI Guv Raghuram Rajan

A week after India reported a significant contraction in its GDP during the April-June quarter of 2020-21 fiscal, Raghuram Rajan has said that the negative GDP growth numbers should alarm everyone

India must look beyond what rating agencies think, says Raghuram Rajan

RBI needs to focus on whether credit is reaching the stressed areas of the economy and also if the viable firms were able to access credit and not the unviable ones, he says

Bold reform that triggers animal spirits needed for Indian economy: Rajan

Indian economy more 'debilitated' compared to peers because of the slide in the growth over the years, says leading economist

RBI is ahead of the curve; govt and bureaucracy behind: Viral Acharya

In an interview with Tamal Bandyopadhyay, Acharya says why some weak public sector banks should be "re-privatised" and foreign banks should be allowed a larger play

What ails Indian banking, according to Viral Acharya

Some of India's top-rated firms do not always make payments on time and many state-owned, listed entities that borrow in bond markets default regularly

US, China clash to impair global trade vital for India's reopening: Rajan

Leading economist and former RBI governor warns of 'enormous bankruptcies' in US and Europe.

Countries fighting Covid in decentralised manner doing much better: Rajan

Citing the example of Germany and South Korea, Rajan said that these countries have allocated resources at the centre but left the details to provinces

No free lunches: Rajan says monetisation by RBI has a cost, not everlasting

He said central banks in many emerging markets are resorting to such strategies and disagreed with votaries of the "modern monetary theory" who support this

PSBs: First accurate data and transparency

The RBI had for years refused to share bank inspection reports on grounds that it held them in a fiduciary capacity, and activists fought all the way to the Supreme Court