Raghuram Rajan
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IIP numbers disappointing, recovery volatile: Raghuram Rajan
Mar 12, 2016, 08:52 PM ISTDescribing the IIP numbers as “disappointing”, Reserve Bank Governor Raghuram Rajan today said the economy is recovering, but the process of recovery is volatile.
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Don't want to overstate bad loan crisis, says Jaitley
Mar 12, 2016, 08:35 PM ISTFinance Minister Arun Jaitley and RBI Governor Raghuram Rajan on Saturday cautioned against overstating the bad loans crisis in the banking system lest it hampers the entire lending operations and growth.
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Markets bet big on RBI rate cut, Sensex rallies over 777 points
Mar 01, 2016, 04:10 PM ISTNew Delhi: Finance Minister Arun Jaitley's decision to stick to the fiscal deficit targets of 3.9 per cent and 3.5 per cent for this year as well as the 2016-17 financial year respectively has sent markets
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RBI to visit banks incognito to check customer dealings
Feb 16, 2016, 10:37 PM ISTMumbai: The Reserve Bank today said it will soon undertake "incognito visits" to bank branches to check culture towards customer complaints in banks.It will also undertake a review of how banks have implemented Charter of
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Rajan says will not let system fail, but clean-up must continue
Feb 13, 2016, 11:44 PM ISTKochi: Amid mounting bad loan worries at public sector lenders, RBI Governor Raghuram Rajan today said there is no question of going back on the clean-up drive even as he assured full support to all banks including those
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Bank clean-up will help support long-term growth, says RBI Governor
Feb 12, 2016, 10:13 AM ISTMumbai: Stressing that cleaner balancesheets will lead to future loan growth for banks, RBI chief Raghuram Rajan today said a "deep surgery" is must for the clean-up that would require an "anaesthetic" in the form
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Discussions with government on monetary policy committee over: RBI Governor
Feb 07, 2016, 02:19 PM ISTMumbai: RBI Governor Raghuram Rajan has said the central bank has finished negotiations with the Finance Ministry on the vexed issue of the monetary policy committee, but declined to give details, saying the government will
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B'day special: 10 things to know about Raghuram Rajan
Feb 03, 2016, 12:37 PM ISTReserve Bank of India has witnessed 22 Governors since its establishment on April 1, 1935, but none of them has got the kind of attention Raghuram Rajan has received.Such was the buzz surrounding the economist,
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RBI to ease doing business for start-ups: Raghuram Rajan
Feb 02, 2016, 11:58 PM ISTMumbai: Reserve Bank of India (RBI) Governor Raghuram Rajan today announced various steps to facilitate the 'ease of doing business' for startups.Rajan announced a string of initiatives, while announcing the sixth bi-monthly monetary policy review."In
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RBI hopeful of economic growth surpassing World Bank estimates
Feb 02, 2016, 05:56 PM ISTMumbai: RBI Governor Raghuram Rajan today kept growth projections for Indian economy unchanged at 7.4% for the current financial year, higher than 7.3% forecast by the World Bank."The Indian economy is currently being viewed as
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Don't overspend to spur growth, warns Raghuram Rajan ahead of Budget
Jan 30, 2016, 01:49 PM ISTNew Delhi: Ahead of the Budget, Reserve Bank of India (RBI) Governor Raghuram Rajan warned against generating economic growth through additional debt saying that any deviation from the fiscal consolidation path will hurt stability of
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There are problems with the way we count GDP: Raghuram Rajan
Jan 29, 2016, 07:44 AM ISTMumbai: India's central bank Governor Raghuram Rajan today raised doubts over the new methodology adopted by India to compute GDP growth rate, calling for better computation of numbers to avoid overlaps and capture the net
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Economic reforms in India are in right direction: Raghuram Rajan
Jan 22, 2016, 03:16 PM ISTDavos: Economic reforms in India are going in the right direction, but the level is "wrong", RBI Governor Raghuram Rajan has said, referring to some of the outdated regulations that are currently in place."Well let
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Implementation a challenge to India's growth: Raghuram Rajan
Jan 18, 2016, 05:42 PM ISTNew Delhi: Governor of the Reserve Bank of India Raghuram Rajan has said that implementation remained the biggest challenge to India's growth promise, adding that delivering on its promises will make India "the place to
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RBI to come out with 'reasoned response' on IIP decline: Raghuram Rajan
Jan 13, 2016, 11:02 PM ISTNew Delhi: Reserve Bank of India Governor Raghuram Rajan on Wednesday said the central bank will carefully look into the latest data on industrial production, which registered the sharpest decline in 4 years at 3.2
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Need to avoid beggar-thy-neighbour policies, says Raghuram Rajan
Jan 08, 2016, 07:58 AM ISTNew Delhi: RBI Governor Raghuram Rajan has said there is need to avoid beggar-thy-neighbour policies and sustained exchange-rate intervention that primarily induce capital outflows and competitive currency devaluations."In an ideal world, the political imperative for
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RBI governor Raghuram Rajan optimistic about passage of GST
Dec 08, 2015, 10:02 AM ISTWashington: Optimistic about the passage of long pending goods and services tax (GST) bill in the Parliament, Reserve Bank of India (RBI) governor Raghuram Rajan has told American investors that continued focus on fiscal consolidation
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RBI sees growth recovery but retains GDP projection at 7.4%
Dec 01, 2015, 01:12 PM ISTMumbai: Robust second quarter GDP numbers suggest that the economy is in early stages of recovery, RBI Governor Raghuram Rajan said today, but retained his earlier growth projection for the current fiscal at 7.4 per
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China's economic slowdown adversely affected India: Raghuram Rajan
Nov 21, 2015, 01:00 PM ISTBeijing: China's pain of economic slowdown is India's pain too, RBI Governor Raghuram Rajan said contradicting government assertions that India will not be affected by deceleration of Chinese economy."The Chinese slowdown is a concern for
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Device flexible education loans, defaults on rise: Raghuram Rajan
Nov 06, 2015, 06:44 PM ISTNew Delhi: Expressing concern over rising defaults in education loans, Reserve Bank Governor Raghuram Rajan today said they should be devised in a flexible manner, providing options like automtic moratorium if borrowers are “under a