Raghuram G. Rajan: Banking

Raghuram G. Rajan is Indian economist. Explore interesting quotes on banking.

Raghuram G. Rajan: 22 quotes0 likes

“Promoters do not have a divine right to stay in charge regardless of how badly they mismanage an enterprise, nor do they have the right to use the banking system to recapitalize their failed ventures.”

Raghuram G. Rajan

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)

“Incidentally, the Reserve Bank of India (RBI) Governor, Raghuram Rajan, has single-handedly brought a huge slowdown to the Indian manufacturing sector and exports. As a doctor, he has believed that the best way to bring down the temperature of a patient (i. e., inflation) is to kill him (investment starvation).”

Raghuram G. Rajan

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)

“Mr Raghuram Rajan is an outstanding man who understands central banking. He is probably only one in the world among the crowds of professors at central banks that actually has a good grip on monetary policies and what you can or cannot achieve with them. He should get the Noble Prize in economics but the others are all money printers at heart, all of them.”

Raghuram G. Rajan

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)