Rajan had said that there was lack of clarity about the new method.
RBI to ensure loans rate fall
The government plans to inject a total Rs 70,000 crore into the lenders over four years
While stating that a strong government should be led by those who have expertise, motivation and integrity and can provide the needed public good, Rajan warned that "strong governments, may not, however, move in the right direction".
China's per capita GDP is about four times of India's, Raghuram Rajan said.
Crime Branch arrested Chhota Rajan aide Vinod Chembur, a accused in an extortion case, along with the underworld don's wife Sujata.
In a recent article, Rajan has ridiculed critics of the exchange rate policy.
He cautioned however that these are the early signs and one should not start celebrating.
'The CoA feels that if David has declared and is not taking remuneration from India Cements, he is not in conflict'
The Reserve Bank had submitted a list of 150 top loan defaulters who owe banks more than Rs 500 crore in a sealed cover to the Supreme Court.
RBI's exercise will take into account standards of governance, the viability of the payment bank (PB) business model, and changes, if any, if needed.
Swamy had also claimed that Rajan was "mentally not fully Indian" and alleged that he has "wilfully" wrecked the economy
Raghuram Rajan says he's not beholden to the Finance Ministry nor does he go around with the fear of being fired.
Veteran cricket writer Rajan Bala passed away in Bangalore on Friday following a prolonged illness. Rajan turned 63 two days ago and died in a hospital in the Garden City where he had been admitted, according to family sources.
Rajan also expressed hope that a stable government after the Lok Sabha elections will continue the broad fiscal policies of the current regime and India may finally get the Goods and Services Tax, an ambitious indirect tax reform measure.
The new government will face four big challenges -- subdued growth, the fiscal and current account deficits and sticky inflation, RBI Governor Raghuram Rajan said.
RBI governor also spoke on the ill effects of cutting interest rates too much
Rajan rules out picking unconventional tools to tame inflation
A high-stakes match between cross-city rivals Chennai Super Kings and Royal Challengers Bengaluru in Chennai on Friday will usher in IPL 2024, but, beyond the grandeur around it, the two protagonists will have to find early answers to some deep questions as they attempt to enter a rarefied territory.
'Das is friendly, but he finally does what he does. The quality of engagement is very good.'
The government is likely to name a successor to Rajan sometime this month
Retail inflation was at a 25-month low of 8.1 per cent in February.
Their research paper on aid by rich nations got leaked
'If my brother was a criminal they could have filed a case against him and put him on trial. Why kill him?' This is not justice.'
Experts applaud RBI governor RAghuram Rajan for his good work.
The four alleged contract killers, identified as Robinson, Junaid, Yunus and Manish, were arrested on June 3 following which they were sent to police remand and interrogated for five days.
Second authentication for small value payments through credit cards can be reduced subject to conditions.
The progress we made in recent past should not detract us from making further structural reforms: Rajan
RBI governor advises students to not take advantage of economic freedom
The current account deficit, which is the difference between inflow and outflow of foreign exchange, rose to a record high of 4.8 per cent of GDP in 2012-13, from 2.8 per cent in 2010-11.
Vigilance and anti-corruption officials on Saturday conducted searches at seven premises of Suresh Rajan in Kanyamkumari and Tirunelveli districts on charges of possessing disproportionate assets, the sixth former Dravida Munnetra Kazhagam minister to come under the scanner.
India Inc on Wednesday said it looked forward to the new RBI Governor Raghuram Rajan initiating cut in interest rates and improving credit flow to crucial sectors like infrastructure to put economy back on high-growth path.
According to Bali police sources, decks have been cleared for his return, but volcanic eruption at Mount Rinjani led to cancellation of all flights.
Days ahead of the Budget, Reserve Bank Governor Raghuram Rajan on Wednesday pitched for increasing the tax exemption limit on financial investments by individuals from Rs 1.5 lakh a year.
It's time the regulator did some introspection.
India imposes restrictions on how much money its citizens and companies can invest abroad
Rollback of July tightening measures indicates comfort on currency but a repo rate hike is around the corner.
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Rajan, the academic-turned-central banker who is credited with predicting the global financial crisis, said that voicing of views will have positive effects.
Rajan posed the question while speaking at the annual leadership conference in Mumbai National Association of Software and Services Companies.
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