Bank clean up

Raghuram Rajan says Chicago university leave wasn't issue in RBI exit

Former RBI Governor Raghuram Rajan has debunked the theory that Chicago University's refusal to extend his leave forced his departure, saying it was never an issue and he wanted to stay longer at the RBI to complete the unfinished task of clean-up of banks.

Sep 10, 2017, 15:45 PM IST

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 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.
 

Sep 10, 2016, 15:58 PM IST