Raghuram Rajan Retirement

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  Raghuram Rajan Took Many Steps To Put Banking System In Right Direction: President

  Recently retired RBI Governor Raghuram Rajan's clean-up of more than USD 100 billion of stressed assets on the books of banks today came in for praise from President Pranab Mukherjee who felt rising NPAs are not a desirable situation.

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  Raghuram Rajan Took Many Steps To Put Banking System In Right Direction: President

  Just retired RBI Governor Raghuram Rajan's clean-up of more than $100 billion of stressed assets on the books of banks today came in for praise from President Pranab Mukherjee who felt rising NPAs are not a desirable situation.

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  Opinion: Rajan Appeared Uncaring About India's Aspirations

  It is rather ironic that for a highly rated engineer-turned-economist, the twilight of his career should have been triggered not by technical disagreements with his employer, but by a breakdown of cultural communion.

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  Opinion: With Rajan Exiting, Here Is What India Loses

  Dr Raghuram Rajan is going back to academia - from whence he came. He goes back disappointing those who respected him, with affection and hopes that he would open up our financial system and liberate the denizens from unnecessary regulations.

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  Who Will Replace Raghuram Rajan At RBI?

  The RBI governor Raghuram Rajan stunned government officials and investors on Saturday by announcing he would step down when his term ends on September 4.

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  RBI Governor Not To Head Panel That Will Select His Deputy: Report

  In a departure from the past, the cabinet secretary will head an interview panel to select the Reserve Banks new deputy governor, sources told PTI. As per the established practice, the interview panel for the appointment of deputy governors had always been headed by the RBI Governor.

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  RBI Workers To Strike Today, Banking Operations May Be Hit

  About 17,000 employees of the Reserve Bank of India are set to go on strike on Thursday for better retirement benefits and to oppose reforms to the central bank, raising the prospect of disruptions to banks and markets.

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  Government Plans to Amend RBI Act by February to Set Up Monetary Panel

  The government plans to change the Reserve Bank of India Act before the end of the fiscal year so it can set up a new committee to direct the country's monetary policy, retiring Finance Secretary Rajeev Mehrishi told Reuters.

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  No differences with Rajan, says Chakrabarty on resignation

  The 62-year old career banker, who had opted to quit RBI ahead of the scheduled date of June 15, 2014, said he had already informed RBI Governor Raghuram Rajan about his retirement plans and would remain in office till April 25.

• RBI Deputy Governor Anand Sinha retires

  Reserve Bank of India (RBI) Deputy Governor Anand Sinha, who was looking after the new bank licence process has retired, even as procedure of granting licences to the private sector is yet to be completed.

• Raghuram Rajan says central banks are 'heroes', but questions merit of low rates

  Rajan said low rates could have unintended consequences. He says, for instance, that they could encourage people in their 60s to save instead of spend - because the low returns mean they are unable to reach their retirement savings goal.

• Star economist takes over India's central bank amid crisis

  Rajan, a high-profile former IMF chief economist renowned for predicting the 2008 global financial collapse, moves into the Reserve Bank of India's office on Thursday, replacing his retiring predecessor Duvvuri Subbarao.

• Raghuram Rajan says economy can overcome challenges

  Rajan will take over as the central bank chief when Duvvuri Subbarao retires in September.

• Raghuram Rajan is the next RBI Governor

  Chief Economic Advisor Raghuram Rajan will be the next Reserve Bank of India (RBI) Governor after incumbent D Subbarao retires in September.