Since his appointment as RBI governor Raghuram Rajan has delivered on most counts with courage of conviction

.....It was a perfect storm when Rajan, the former professor of finance at the Chicago University's Booth School of Business, landed in RBI — currency at a record low, inflation was stubbornly high, current account deficit maligning the economic reputation, untrustworthy fiscal numbers, and above all, the taper tantrums of the Federal Reserve. In such a situation, Day One in office should have been limited to pleasantries and thanking everyone under the sun 'for giving him an opportunity to.......

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