Indian rupee needs some more depreciation: Raghuram Rajan

Indian rupee needs some more depreciation: Raghuram Rajan

 Governor Raghuram Rajan today said there is a need for some depreciation of the rupee so that we don't become uncompetitive against other economies even as the Reserve Bank continues its fight to lower inflation.

Why are Dosa prices still high? Raghuram Rajan blames it on Tawa!

Why are Dosa prices still high? Raghuram Rajan blames it on Tawa!

 Why the humble Dosa continues to cost high when RBI is claiming a victory over inflation? Governor Raghuram Rajan blames lack of technology upgrades from its traditional 'Tawa' preparation and high wages of the person making it!

Invest in lucrative Indian market: Raghuram Rajan tells Australian companies

Invest in lucrative Indian market: Raghuram Rajan tells Australian companies

Rajan was talking on a wide range of issues when he asked Australian investors to tap the Indian market now.

Need to avoid beggar-thy-neighbour policies: Raghuram Rajan

Need to avoid beggar-thy-neighbour policies: Raghuram Rajan

RBI Governor Raghuram Rajan has said there is need to avoid beggar-thy-neighbour policies and sustained exchange-rate intervention that primarily induce capital outflows and competitive currency devaluations.

Raghuram Rajan conferred Central Banker of the Year Award

Raghuram Rajan conferred Central Banker of the Year Award

RBI Governor Raghuram Rajan has been felicitated with the Central Banker of the Year Award (Global and Asia Pacific) for 2016 by the Financial Times Group's monthly publication 'The Banker'.

 

RBI 'not a cheerleader', but it still cheers markets in 2015

RBI 'not a cheerleader', but it still cheers markets in 2015

RBI Governor Raghuram Rajan and his ceaseless efforts to keep inflation under check that turned out to be the biggest cheers for the Indian financial markets in 2015.

Raghuram Rajan meets top bankers, discusses NPA woes

Raghuram Rajan meets top bankers, discusses NPA woes

Days after the Reserve Bank set March 2017 as the deadline for lenders for cleaning up balance-sheets, top bankers on Monday met Governor Raghuram Rajan to discuss a way out of the asset quality woes.

Large promoters can impede loan recovery: Raghuram Rajan

Large promoters can impede loan recovery: Raghuram Rajan

Large promoters have the strength to "impede any action" taken by banks to recover stressed assets, Reserve Bank Governor Raghuram Rajan said on Friday, while emphasizing that banks need to quicken the pace of recovery process and not postpone it.

RBI Governor optimistic about passage of GST

RBI Governor optimistic about passage of GST

Rajan said another priority of the RBI is to clean up banks and their non-performing assets.

RBI comfortable with existing interest rates: Raghuram Rajan

RBI comfortable with existing interest rates: Raghuram Rajan

Stating that RBI was data-dependent on its monetary policy, the Governor said, "Until more room builds up... We are comfortable with where we are."

Iconic acts sway sentiments; We must calm down: Raghuram Rajan

Iconic acts sway sentiments; We must calm down: Raghuram Rajan

The RBI chief said the advice from the senior members of the government to fringe elements has been to calm down, but "we need to keep saying it".

Raghuram Rajan defends his speech calling for tolerance, mutual respect

Raghuram Rajan defends his speech calling for tolerance, mutual respect

Stating that democracy is India's greatest strength, Raghuram Rajan said everyone should "calm down a bit in order to foster healthy debate".

 

Need to check flaws in banking system: Rajan

Need to check flaws in banking system: Rajan

The banking sector is currently struggling with high non performing assets (NPAs).

Financial inclusion need not be pushed beyond a point: Raghuram Rajan

Financial inclusion need not be pushed beyond a point: Raghuram Rajan

Pushing financial inclusion beyond a point can have negative impact because people at the bottom of pyramid do not have capacity to absorb credit, RBI Governor Raghuram Rajan said.

Auto sector cheers RBI rate cut as 'festival gift'

Auto sector cheers RBI rate cut as 'festival gift'

Welcoming rate cut by RBI, automobile manufacturers on Tuesday said it has come as a "festival gift" that would help the struggling sector meet 15-20 percent sales growth during the upcoming festive season.

Home, auto loans to become cheaper; RBI cuts interest rate by 0.5%

Home, auto loans to become cheaper; RBI cuts interest rate by 0.5%

Zee Media Bureau

New Delhi: Home, auto and corporate loans would cost less after RBI on Tuesday cut interest rate by 50 basis points or 0.5 percent to spur investment and growth.

Sack RBI Governor Raghuram Rajan if bank rates are not decreased: Subramanian Swamy

Sack RBI Governor Raghuram Rajan if bank rates are not decreased: Subramanian Swamy

Bharatiya Janata Party (BJP) leader Subramanian Swamy has said that Prime Minister Narendra Modi must instruct Reserve Bank of India (RBI) Governor Raghuram Rajan to either cut rates or be ready to be sacked.

Rajan backs Aadhaar, seeks more clarity after SC ruling

Batting strongly for Aadhaar cards, RBI Governor Raghuram Rajan today sought greater clarity on the apex court ruling on the matter, saying its usage can help a deserving person get credit, avoid overborrowing by individuals and plug leakages.

Keeping inflation low is key to growth: Rajan

Keeping inflation low is key to growth: Rajan

Under pressure to cut interest rates to lower cost of capital, RBI Governor Raghuram Rajan today said keeping inflation low is the key task for sustainable economic growth of the country.

Rajan says faltering US, global economy behind Fed delay

Rajan says faltering US, global economy behind Fed delay

RBI Governor Raghuram Rajan on Friday said that limping global growth coupled with uncertainty about US growth probably compelled US Fed to stay on hold.