India is one of the world’s fastest growing large economies, sometimes being touted as a potential economic and geopolitical counterweight to China.
Raghuram Rajan
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Debt restructuring
India’s central bank to allow banks restructure stressed loans to small firms
As much as $18.7 billion of loans made to small firms are stressed, according to data
demonetisation in india
India’s demonetisation ‘created more problems’ says former RBI governor
Former RBI governor Raghuram Rajan said he would not recommend other countries to take a similar move after India’s failure to clamp down on illicit cash
2008 economic crisis
Hard to predict Indian rupee fall, says former RBI governor
Former RBI governor Raghuram Rajan said that while there are ‘pockets of stress’, it remains unclear whether they will eventually lead to another financial crisis