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India won't seek IMF funds in five years: Rajan

India is not facing any economic crisis and won't approach IMF for funds in the next five years as the country has enough forex reserves, Reserve Bank Governor Raghuram Rajan has said.

Stalled IMF reforms could leave Fund on shaky ground

Delays in ratifying historic changes to give emerging markets more power at the International Monetary Fund have threatened the lender's credibility and raised questions about its future funding and governance structure.