The new note on Mint Street - The Hindu

The new note on Mint Street - The Hindu

A must-read for RBI-watchers. The concluding paragraph of this article (copied below) says it all
M G Warrier

"Dr. Rajan brings to the job a degree of intellectual capital, perhaps unmatched by any of his predecessors. Still, in reconciling divergent views and revisiting his own, he has his work cut out. He must know by now that no RBI governor can afford to antagonise the finance ministry beyond a point. Nor can he afford to alienate the RBI community, one that is legitimately proud of its traditions and expertise and its standing in the world of regulators."

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