The RBI chief was speaking to researchers at an analyst call.
Rajan was speaking at a news conference.
The introduction of GST would constitute India's biggest reform.
'Both IIP and CPI inflation numbers are showing a huge disconnect from the leading indicators.'
Sebi has long struggled with balancing the needs of small investors and those of the market.
S&P warned about spending on subsidies and heavy government debt.
Sahoo panel suggests India must ease global borrwoging norms for corporate houses.
The 30-share Sensex was up 191 points at 28,707.75 and the 50-share Nifty was up 54 points at 8,714.
RBI governor Raghuram Rajan says a cut in cash reserve ration will not at all impact lending rates.
So far this year, there have been 76 private equity investments in India
Market regulator Sebi to support stert-ups raise funds.
State-owned banks have amassed bad loans faster than private sector lenders.
Sensex falls 117.03 pts to end at 28,883.11; Nifty closes 32.85 pts down at 8,723.70.
India allows foreign investors to buy upto $81 bn
Earlier, India said the headline annual consumer price inflation accelerated to 5 per cent, compared with a 4.4 per cent print in November.
The BSE Sensex and Nifty fell more than 2 per cent on Tuesday, heading for their biggest daily loss since the midst of the rupee crisis in 2013
The central bank also said accepting money under such structures was a cognizable offence
India only has 3.5 million workers undergoing skills courses a year, compared with 90 million in China
Trouble at a single bank among the top five most connected lenders could wipe out nearly 50% of Tier I capital
Increased demand from oil importers for the American currency kept pressure on the rupee