Tag Archives: raghuram rajan

NEW DELHI: The Reserve Bank of India (RBI) proposal to allow large corporate houses creating banks is a “bomb”, former RBI governor Raghuram rajan and former lieutenant governor Viral Acharya wrote in a joint article Monday. Emphasizing the need to adhere to tried and true limits on business involvement in …

Raghuram Rajan and Viral Acharya on Monday criticized the RBI Internal Working Group’s recommendation to allow Indian corporate companies to establish banks as part of proposed changes to the banking sector. Raghuram Rajan, a former RBI governor, and Viral Acharya, a former RBI deputy governor, said the proposal is a …

Former Reserve Bank of India (RBI) Governor Raghuram Rajan and Lieutenant Governor Viral Acharya on Monday criticized the recommendation of the central bank’s internal working group (IWG) to allow industrial houses to float banks. “Why now? Have we learned anything that would allow us to override all previous precautions about …

Jayanth R Varma, one of the three economists on the panel, is a professor of finance and accounting at the first institute. Professor at the Indian Institute of Management Ahmedabad (IIMA) Jayanth R Varma is among the three eminent economists appointed as members of the Monetary Policy Committee (MPC) of …

Former Reserve Bank of India Governor Raghuram Rajan and former Lieutenant Governor Viral Acharya called for the closure of the financial services department, the privatization of state banks, and the creation of a bad bank as part of reforms to the banking industry of India. The current status quo is …

MUMBAI: Former Central Bankers Raghuram rajan and Viral Acharya have written a document in banking sector reforms where they have called for the ‘reprivatization’ of some public sector banks and the dismantling of the department of financial services. Calling for a reduction of the government stake below 50%, the document …

New Delhi: Calling the 23.9% drop in economic growth in the June quarter alarming, former Reserve Bank Governor Raghuram Rajan has said the bureaucracy should grow out of complacency and take meaningful action. The current crisis requires a more thoughtful and active government, he said, adding that “sadly, after an …

The government and its bureaucrats must be frightened by their complacency, says the former RBI governor The 23.9% contraction in the GDP growth figures for the first quarter of the fiscal year 2020-21 “should alarm us all” and the government and its bureaucrats must “be scared of their complacency” and …

NEW DELHI: One week after India reported a significant contraction in its GDP during the April-June quarter of fiscal year 2020-21, former Reserve Bank Governor and prominent economist Raghuram rajan He has said that negative GDP growth figures should alarm everyone. Emphasizing the importance of government help or support in …

Raghuram Rajan in his post wrote that the growth numbers should alarm everyone. (Proceedings) New Delhi: The government and its bureaucrats must be frightened by their complacency and stimulus is critical to avoid a “stunted” economy, former RBI chief Raghuram Rajan said in a post in response to what he …