Free Press Journal
  • Gave list of NPA fraud cases to PMO but not aware of progress: Former RBI Governor Raghuram Rajan

    New Delhi: A larger number of bad loans or NPAs originated in 2006-2008 when Indian economic growth was strong as the banks made mistakes, former RBI Governor Raghuram Rajan has said. He said that global slowdown, project cost overruns and government decision-making were among the factors that contributed to the process. “A larger number of bad loans originated in 2006-2008 when economic growth was strong, and previous infrastructure projects such as power plants had

  • 80:20 scheme was launched to create jobs, says Rajan

    Mumbai : Breaking his silence over the PNB fraud, former RBI governor Raghuram Rajan on Tuesday said that “before we assign blame, we have to know what really happened”.

  • ‘Growth slowed due to demonetisation’

    Davos : Former RBI Governor Raghuram Rajan feels a substantial part of the growth slowdown in India was because of the after effects of the demonetisation decision of November, 2016.

  • Never backed note ban, warned of damage, says Raghuram Rajan in book

    New Delhi : Former RBI governor Raghuram Rajan has stated that he was never in favour of demonetisation and had warned the government of the damage that pulling out 86 per cent of cash would cause to the economy. Rajan was RBI governor in February 2016 when he was asked by the government for his views on junking of old 500 and 1,000 rupee notes, he revealed in his book ‘I do

  • I will give my best, says Viral V Acharya

    New Delhi: RBI’s newly appointed Deputy Governor Viral Acharya, a noted economist, today said he will give his best in the new role.