Mergers can happen between healthy banks and not amongst weak ones and the central government should be careful in this regard, said Reserve Bank of India’s former governor Raghuram G Rajan said on Tuesday while launching his book ‘I Do What I Do’.
Raghuram Rajan, a former governor of the Reserve Bank of India (RBI), has said responses given to the parliamentary committee by RBI about demonetisation were not in accordance with his actual response.
Former Reserve Bank of India (RBI) governor Raghuram Rajan has reiterated his concerns over the bureaucracy impinging on the powers of the central bank. He has also said it should be made clear that the RBI chief is not just another bureaucrat.
Fighting his instincts, reneging on campaign promises, and disregarding his anti-globalist advisers, President Trump told America he changed his mind about Afghanistan. It is the kind of reversal he hates because it dilutes his brash brand.