Friday, September 5, 2014

Mr. Rajan’s Bag of Low-Key Tricks

.............Whether Mr. Rajan’s legacy will be as the man who tamed Indian inflation is still unknown. But he has deployed other less-understood technical measures since taking office as well, including changing the way the RBI lends to commercial banks. If nothing else, he may earn a reputation as a central banker with low-key smarts.

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