Rajan debunks central banking myths in final address
The RBI "does not have the luxury of economic inconsistency," outgoing governor says
"Whatever we do, someone will object," said outgoing Reserve Bank of India (RBI) governor Raghuram Rajan, as he delivered his final speech in the role on September 3.
Rajan completed his single three-year term at the head of the RBI over the weekend, handing the reins to Urjit Patel today (September 5). His three years at the central bank have been marked by both major reforms to central banking in India, and the disgruntlement of large numbers of people.
Speaking at a branch of the University
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