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  • India becoming $5 trillion economy by 2025 'impossible' due to pandemic: Former RBI Governor C Rangarajan Oct 08, 2021 01:19 PM IST

    India becoming $5 trillion economy by 2025 'impossible' due to pandemic: Former RBI Governor C Rangarajan

    Delivering his address at 11th Convocation of ICFAI Foundation for Higher Education, C Rangarajan said attempts should be made to curb the adverse impact of a third wave of COVID-19, if it happens and both the coverage of vaccination and the pace of investment in health infrastructure should be accelerated within the strategy of expanding the overall infrastructure investment.

  • GST collection, power consumption show recovery: Ex-RBI Chief C Rangarajan Nov 05, 2020 09:46 PM IST

    GST collection, power consumption show recovery: Ex-RBI Chief C Rangarajan

    To a query on the weakening of the rupee against the US dollar, Rangarajan said inflation should be brought under control as external value of the currency was determined by its internal value.

  • Combined fiscal deficit of Centre, states may go up to 14% in FY21: Former RBI Governor C Rangarajan Oct 08, 2020 02:29 PM IST

    Combined fiscal deficit of Centre, states may go up to 14% in FY21: Former RBI Governor C Rangarajan

    Speaking at a programme organised by the ICFAI Business School, the former Chairman of the Economic Advisory Council to the Prime Minister said banks should neither be timid nor adventurous while lending as the loans of today should not become NPAs of tomorrow.

  • GDP growth may slip into negative in Q1 says former RBI Governor C Rangarajan Apr 15, 2020 05:55 PM IST

    GDP growth may slip into negative in Q1 says former RBI Governor C Rangarajan

    The former RBI Governor said the government has gone by medical advice to impose a lockdown and by the same advice they expanded the lockdown also which is essential to combat the coronavirus spread.

  • Coronavirus pandemic |Rangarajan pitches for regulatory forbearance, says cash transfer is not the answer Mar 20, 2020 06:58 PM IST

    Coronavirus pandemic |Rangarajan pitches for regulatory forbearance, says cash transfer is not the answer

    The impact of the virus is not essentially known, but certainly given the situation some drastic action is required.

  • Road to $5 trillion economy: Former RBI Governor C Rangarajan doesn't see much hope Nov 22, 2019 08:35 AM IST

    Road to $5 trillion economy: Former RBI Governor C Rangarajan doesn't see much hope

    "This year it is going to be under-6 percent growth and next year it may be about 7 percent. After that, the economy may pick up," he said.

  • Opinion | Kicking its sugar addiction should be Modi govt's priority if it returns in May Jan 08, 2019 11:27 AM IST

    Opinion | Kicking its sugar addiction should be Modi govt's priority if it returns in May

    The government needs to shrink its role in the sugar sector.

  • Banks need to overcome problems fast to lend large credit: C Rangarajan Mar 07, 2018 12:42 PM IST

    Banks need to overcome problems fast to lend large credit: C Rangarajan

    To a query on the problems of non-performing assets (NPAs) or bad loans and frauds that have hit the country's banking system, Rangarajan said, "I think the banking system is stressed. It had already been stressed for some years.

  • Inflation may ease by December: C Rangarajan Nov 16, 2017 03:35 PM IST

    Inflation may ease by December: C Rangarajan

    "Therefore I believe that, now that the monsoon has also been good, the food prices may come down rather than further rise," the former governor of the RBI told PTI.

  • Stimulus package should focus on raising capex: C Rangarajan Sep 22, 2017 04:05 PM IST

    Stimulus package should focus on raising capex: C Rangarajan

    On demonetisation, he said adequate preparation by the central bank could have reduced the pain which people had to undergo on account of ban on high value notes last November.

  • India's GDP operating 2% below potential: C Rangarajan Aug 16, 2017 08:04 PM IST

    India's GDP operating 2% below potential: C Rangarajan

    In an interview to CNBC-TV18's Latha Venkatesh, C Rangarajan, Former Chairman of PM's Eco Advisory Council, Ila Patnaik of NIPFP, Ashima Goyal, Professor at IGIDR and Himanshu, Prof of Economics at JNU spoke about India's 70 year growth story and the road ahead.

  • Initiative for merger should come from banks: C Rangarajan Jul 11, 2017 04:03 PM IST

    Initiative for merger should come from banks: C Rangarajan

    "Initiative for merger should come from banks themselves and there must be felt a need for it. Therefore, the world over, the larger banks are coming into cooperation," he said.

  • C Rangarajan sees lending rates remaining high Apr 21, 2017 08:45 AM IST

    C Rangarajan sees lending rates remaining high

    "The possibility of the banks reducing lending rates is not very much in the horizon. There may be some small adjustments. But I do not see the lending rates coming down because the banks do feel the pressure of the stressed assets," he told PTI here.

  • Rangarajan says Make in India an 'old idea', focus needed on infrastructure Mar 22, 2017 07:43 PM IST

    Rangarajan says Make in India an 'old idea', focus needed on infrastructure

    What you really want is that environment provided in India is so good that others also come to India, says former RBI Governor C Rangarajan.

  • Union Budget 2017-18: A fairly routine Budget, says Rangarajan Feb 01, 2017 02:04 PM IST

    Union Budget 2017-18: A fairly routine Budget, says Rangarajan

    Describing the Union Budget for 2017-18 as "a fairly routine Budget", former RBI Governor C Rangarajan today said changing the road map to reach the fiscal deficit target of 3 percent over the year will make a mockery of the Fiscal Responsibility and Budget Management (FRBM) Act.

  • Union Budget 2017-18: Least volatile; disappointed with no change in corp tax Feb 01, 2017 01:17 PM IST

    Union Budget 2017-18: Least volatile; disappointed with no change in corp tax

    Deepak Parekh, Chairman, HDFC is disappointed that there was nothing on corporate tax, except a proposal to cut corporate tax rate for MSMEs (Micro Small and Medium Enterprises) having revenues less than Rs 50 crore to 25 percent.

  • Automation may curtail employment opportunities: C Rangarajan Jan 24, 2017 03:24 PM IST

    Automation may curtail employment opportunities: C Rangarajan

    "Though the situation in India with regard to replacement of jobs by machines is not alarming, it should be noted for future considerations," Rangarajan said at the Seventh Foundation Day Lecture at the ICFAI Foundation for Higher Education (IFHE) here.

  • Need lower tax rate, wider base to curb black money: Fmr RBI Guv Nov 12, 2016 02:28 PM IST

    Need lower tax rate, wider base to curb black money: Fmr RBI Guv

    As people across the country continue to come to grips with the government's surprise demonetisation move, former RBI governor C Rangarajan has hailed the move, saying black money accumulation has to be prevented.

  • Currency ban may cause meaningful wealth destruction: Rangarajan Nov 12, 2016 02:27 PM IST

    Currency ban may cause meaningful wealth destruction: Rangarajan

    The government‘s clampdown on black money by voiding Rs 500 and Rs 1,000 notes could think wealth destruction could be pretty meaningful, according to a former Reserve Bank Governor.

  • Narasimha Rao was a true reformer, says Rangarajan Oct 14, 2016 11:10 AM IST

    Narasimha Rao was a true reformer, says Rangarajan

    At the launch of former journalist Sanjaya Baru's book '1991: How PV Narasimha Rao made history' here last night, Rangarajan also said Rao's Finance Minister and former PM Manmohan Singh had also played a pivotal role in rolling out the reforms but did not get due credit for his endeavours.

  • Inflation, NPA fix Urjit Patel's priorities:ex-RBI guv, Parekh Aug 22, 2016 09:29 AM IST

    Inflation, NPA fix Urjit Patel's priorities:ex-RBI guv, Parekh

    On rate cuts, Rangarajan says the impact of monsoon needs to be seen. If vegetable prices decline, then the RBI could look at cutting rates before December

  • RBI governors must get one non-renewable 5-year term: D Subbarao Aug 10, 2016 08:37 PM IST

    RBI governors must get one non-renewable 5-year term: D Subbarao

    Another former Governor, C Rangarajan agrees with Subbarao, saying that just like the government's five year plans, a five year Governor term is also vital.

  • Here are C Rangarajan's view on 25 years of reforms in India Jul 12, 2016 10:59 PM IST

    Here are C Rangarajan's view on 25 years of reforms in India

    Watch the interview of C Rangarajan Former Governor, RBI on CNBC-TV18, in which he shared his views on 25 years of reforms in India as well as reforms undertaken by the Modi government.

  • The story of the 1991 devaluation: 25 yrs since economic reforms Jul 01, 2016 09:01 PM IST

    The story of the 1991 devaluation: 25 yrs since economic reforms

    This day, 25 years ago, India let its currency fall roughly 20 percent in a single day. This was followed by an economic reforms package that finally unschackled India from the grip of socialism.

  • A five-year term would have seen Rajan finish his business Jun 20, 2016 08:04 AM IST

    A five-year term would have seen Rajan finish his business

    The Rajan era showed promise of resetting India‘s financial sector. The repositioning of the RBI as primarily an inflation-fighting central bank was the first tenet of Rajanomics. Rajan did it with all the paraphernalia.

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