The government needs to take positive action to reaffirm that story.
Rupee and bonds weakened on Thursday after the US Federal Reserve signalled it may increase its policy rates at the next meeting in December.
India was less directly affected by the Chinese stock market rout and yuan devaluation that battered currencies and markets in the region.
Although the RBI is not statutorily independent from the government, Rajan, like previous RBI Governors, has long valued his independence.
RBI Governor Raghuram Rajan is expected to express that cautiousness as he looks to manage expectations.
Raghuram Rajan remains focused on a long-term inflation target of 4 percent.
Forex market was closed on Thursday on account of Ganesh Chaturthi.
The new hire, Gangadhar Darbha, joined as a consultant
RBI takes steps to control inflation but the masses are not convinced.
The RBI's next policy review is set for Sept. 29.
Companies are still struggling to recover from years of exuberance.
India's current limit of $25 billion for ownership of government bonds by FIIs is fully utilised, leading to calls for increasing it
Balance of payment stood at a surplus of $30.1 billion during January-March
Overhauling India's bloated and often sluggish state banks is critical for the government
A gradual weakening of the rupee, however, may add to inflationary pressures.
Rbi cut rates for teh third time to ease economic situation.
The RBI chief was speaking to researchers at an analyst call.
RBI governor does not want to move in haste for achieving financial inclusion.
Rajan also said weak results from India's corporate suggested final demand is yet to pick up strongly.
RBI will cut rates in its next policy announcement on June 2.
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