Raghuram Rajan explains the rationale for his policy stance and other issues.
Experts prefer domestic consumption-driven plays and defensives such as information technology and pharmaceuticals
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
This is the first time in the RBI's history that a governor is leaving without willing to renew his contract
We need a change in mindset, says the RBI Governor.
The RBI governor also said he is not 'overly' worried about any interest rate hike by the Federal Reserve, saying the country had enough foreign exchange reserves.
Things are expected to change dramatically in a few years for urban consumers.
In a recent lecture, RBI governor Raghuram Rajan dished out some frank advice -- don't get into 'jugaad', instead try for the long haul. Only that will sustain in the long-run.
The corporate sector does not care from where the money is coming.
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