Friday 20 July 2018

India's cbank chief Rajan to step down in September

Reserve Bank of India Governor Raghuram Rajan, who has faced criticism from members of Prime Minister Narendra Modi's ruling party for not lowering interest rates enough, said on Saturday he would step down when his term ends on September 4.


New RBI chief raises hopes with action plan

India's new central bank chief kicked-off his term with a bang, announcing a spate of measures to support the embattled rupee and unveiling a raft of steps to liberalise financial markets and the banking sector. In an unexpect

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