Oct 08, 2021 01:19 PM IST
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.
- Nov 05, 2020 09:46 PM IST
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.
- Oct 08, 2020 02:29 PM IST
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.
- Apr 15, 2020 05:55 PM IST
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.
- Mar 20, 2020 06:58 PM IST
The impact of the virus is not essentially known, but certainly given the situation some drastic action is required.
- Nov 22, 2019 08:35 AM IST
"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.
- Jan 08, 2019 11:27 AM IST
The government needs to shrink its role in the sugar sector.
- Mar 07, 2018 12:42 PM IST
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.
- Nov 16, 2017 03:35 PM IST
"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.
- Sep 22, 2017 04:05 PM IST
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.
- Aug 16, 2017 08:04 PM IST
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.
- Jul 11, 2017 04:03 PM IST
"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.
- Apr 21, 2017 08:45 AM IST
"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.
- Mar 22, 2017 07:43 PM IST
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.
- Feb 01, 2017 02:04 PM IST
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.
- Feb 01, 2017 01:17 PM IST
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.
- Jan 24, 2017 03:24 PM IST
"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.
- Nov 12, 2016 02:28 PM IST
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.
- Nov 12, 2016 02:27 PM IST
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.
- Oct 14, 2016 11:10 AM IST
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.
- Aug 22, 2016 09:29 AM IST
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
- Aug 10, 2016 08:37 PM IST
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.
- Jul 12, 2016 10:59 PM IST
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.
- Jul 01, 2016 09:01 PM IST
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.
- Jun 20, 2016 08:04 AM IST
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.