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Banks given new powers to deal with bad loans: Raghuram Rajan

The Reserve Bank of India has passed on powers to state-run banks to deal with the major issue of their non-performing assets (NPAs), or...

Tolerance can take offence out of debate: Raghuram Rajan

While pointing out that India has always protected debate and the right to hold different views, Reserve Bank of India Governor Raghuram Rajan on...

India’s central bank cuts rate by 50 basis points

The Reserve Bank of India on Tuesday cut its short-term lending rate by 50 basis points, but also made a pitch for it to...