Raghuram Govind Rajan[Tamil:ரகுராம் கோவிந்தராஜன்] is an Indian economist who is the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago Booth School of Business. He was the 23rd Governor of the Reserve Bank of India between September 2013 and September 2016. Between 2003 and 2006, Rajan was the Chief Economist and Director of Research at the International Monetary Fund. In 2015, during his tenure at the Indian Reserve Bank he also became Vice-Chairman of the Bank for International Settlements.
At the Federal Reserve annual Jackson Hole conference in 2005, Rajan warned about the growing risks in the financial system and proposed policies that would reduce such risks. Former U.S. Treasury Secretary Lawrence Summers called the warnings “misguided” and Rajan himself a "luddite". However, following the 2008 economic crisis, Rajan's views came to be seen as prescient and he was extensively interviewed for the Oscar-winning documentary Inside Job .
In 2003 Rajan received the inaugural Fischer Black Prize, given every two years by the American Finance Association to the financial economist younger than 40 who has made the most significant contribution to the theory and practice of finance. His book, Fault Lines: How Hidden Fractures Still Threaten the World Economy, won the Financial Times/Goldman Sachs Business Book of the Year award in 2010. In 2016, he was named by Time in its list of the ‘100 Most Influential People in the World’.Raguram Govindarajan
“A 007 James Bond image is very dangerous for a central banker to have.”
On hearing that he was being compared to James Bond, as quoted in " Raghuram Rajan interview: ‘I’m no Bond. I’m a banker on the move’ http://timesofindia.indiatimes.com/business/india-business/Raghuram-Rajan-interview-Im-no-Bond-Im-a-banker-on-the-move/articleshow/41296212.cms", The Times of India (31 August 2014)
On excessive political correctness and bans, as quoted in " Hasty bans hinder progress: Raghuram Rajan http://www.thehindu.com/news/national/hasty-bans-hinder-progress-raghuram-rajan/article7827092.ece", The Hindu (31 October 2015)
“Not taking risks one doesn't understand is often the best form of risk management.”
From his book: Fault Lines: How Hidden Fractures Still Threaten the World Economy (2010) https://books.google.co.in/books/about/Fault_Lines.html?id=2RB3j_YfEg0C
On the expectations from him as the Governor of Reserve Bank of India, as quoted in " I am not a superman: Raghuram Rajan http://www.business-standard.com/article/economy-policy/i-am-not-a-superman-raghuram-rajan-113101300337_1.html", Business Standard (14 October 2013)
As quoted in " Raghuram Rajan's first speech as RBI governor http://www.firstpost.com/business/read-full-text-raghuram-rajans-first-speech-as-rbi-governor-1084971.html", Firstpost (5 September 2013)
We are a little bit that way.
On India's performance amid the 2015 world economy slow down, as quoted in " India 'one-eyed' king in land of blind, says Rajan http://www.business-standard.com/article/finance/india-one-eyed-king-in-land-of-blind-says-rajan-116041600663_1.html", Business Standard (16 April 2016)
As quoted in " Economy will pick up by year-end, says RBI chief http://in.reuters.com/article/2013/10/16/india-rbi-rates-raguram-rajan-idINDEE99E0FF20131016", Reuters (16 October 2013)
On the rising suspicions towards self-made people after the Panama Papers leak, as quoted in " ‘Panama Papers’ furore: RBI Guv Raghuram Rajan says ‘dangerous’ to question legitimacy of self-made wealth http://www.financialexpress.com/article/economy/panama-papers-furore-rbi-guv-raghuram-rajan-says-dangerous-to-question-legitimacy-of-self-made-wealth/233785/", The Financial Express (7 April 2016)
On Aadhaar, as quoted in " Raghuram Rajan's first speech as RBI governor http://www.firstpost.com/business/read-full-text-raghuram-rajans-first-speech-as-rbi-governor-1084971.html", Firstpost (5 September 2013)
Subramanian Swamy, politician and economist, as quoted in " The way out of the economic tailspin http://www.thehindu.com/opinion/lead/the-way-out-of-the-economic-tailspin/article7662610.ece", The Hindu (18 September 2015)
Marc Faber, economist, as quoted in " Raghuram Rajan only central banker I trust, he should get Nobel in Economics: Marc Faber http://articles.economictimes.indiatimes.com/2015-08-12/news/65490521_1_marc-faber-rbi-governor-boom-doom-report", The Economic Times (12 August 2015)
