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Raghuram Rajan, the common man's central banker

Beside bringing central banking to India's drawing rooms, Raghuram Rajan also built the RBI's credibility when other global central banks were fighting to preserve theirs

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Raghuram Rajan

Anup Roy  |  Mumbai 

The common man does not give much thought to the signature on the currency notes in his wallet. He couldn't care less about the existence of the central bank itself, as he has little context to it beyond the coins and the notes.

So, barring a few people who have some interest in the economy, a large proportion of the country's population wouldn't be aware of the Reserve Bank of India's (RBI) governor. However, when the central bank governor was Raghuram Rajan, the smart guy who predicted the global credit crisis three years before it actually happened, everyone had to take ...

First Published: Sat, September 03 2016. 00:25 IST
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