The market seems to be developing a love-hate relationship with new Reserve Bank of India (RBI) governor Raghuram Rajan. On 4 September, the day Rajan…
Repo hike: A signal of Rajan’s lack of tolerance for inflation
The surprise element in Reserve Bank of India (RBI) governor Raghuram Rajan’s first monetary policy has been a hike in the repurchase, or repo, rate…
Fed gives RBI handle to start unwinding July measures
Don’t be surprised if Reserve Bank of India (RBI) governor Raghuram Rajan kicks off the process of unwinding of some of the July measures on…
History of economic crisis and reforms: Deja Vu?
In the past few years, former Reserve Bank of India (RBI) governor D. Subbarao repeatedly urged the government to address structural issues in the Indian…
How India’s banking sector weathered the global storm
Mumbai: Hours after Lehman Brothers filed for Chapter 11 bankruptcy protection in September 2008, the Reserve Bank of India (RBI) directed the Indian arm of…
Deepak Parekh: The worst is over for the Indian economy
Deepak Parekh,chairman of Housing Development Finance Corp. Ltd, India’s largest mortgage lender, and the unofficial crisis consultant for the government by being a member of…
Raghuram Rajan in no hurry to reverse measures
Bank stocks seem to be loving every word of new Reserve Bank of India (RBI) governor Raghuram Rajan. In the past few days, some bank…
Six things D. Subbarao wants to do after retirement
There are six things on his wish list: • Studying mathematics and linguistics • Learning the Salsa dance • Travelling • Re-reading some of the…